NIKE, headquartered in Beaverton, Oregon, designs and sells athletic footwear, apparel, and accessories, operating across multiple global segments. It also includes the Jordan Brand and Converse for basketball and casual wear.
NKE has been in the news recently: Mark Parker, the Executive Chairman of Nike, exercised a large number of stock options on September 3, according to an SEC filing. Meanwhile, NFL MVP Josh Allen has signed with New Balance, departing from Nike, and investors are concerned that rising U.S. tariffs could negatively impact Nike Inc.'s profit margins in the athletic apparel market.
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