Nike Stock Declines Ahead of Q4 Earnings Report
Nike shares fell by 0.06% on Thursday ahead of the release of the company's fourth-quarter earnings report. This change sees the sports apparel company's stock fall 6% for the year to date.
Analysts largely cut their price targets on Nike shares in recent weeks after...
Nike Stock Rises as Sales Surge
Nike shares gained almost 13% in early trading on Wednesday following the company's announcement that it has overcome its recent inventory problem. The company's stock is still down by around 30% for the year.
“We believe the inventory peak is behind us," CEO John Donahoe...