NKE has been in the news 583% more than usual
Mar 23, 2025, 12:30 AM
-17.93%
What does NKE do
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: Nike anticipates a sales decline this quarter, citing tariffs and shifting consumer sentiment, which contributed to a 1.6% drop in its earnings. Despite these challenges, Goldman Sachs has maintained a "buy" rating on Nike, recognizing the company's ongoing turnaround efforts.
📡️ Consumer Discretionary
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