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Nike nke stock split 2015
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Nike stock (NKE) sank more than 6% on Wednesday after the company reported fiscal first quarter revenue that missed estimates and withdrew its outlook for the year amid a CEO transition.On October 7, 2024, Nike Inc (NYSE:NKE) filed its 10-Q report, revealing a mixed financial performance with revenues of .589 billion, a decrease from the previous year's .939 billion.
Nike is the dominant player in the athletic footwear industry. However, new competition, slowing growth, and relative weakness threaten the company's dominance. A month has gone by since the last earnings report for Nike (NKE). Shares have lost about 8% in that time frame, underperforming the S&P 500. Nike shares powered firmly higher in early Friday trading as analysts and investors reacted to the sportswear giant's move to replace CEO John Donahoe. Nike (NKE) closed the latest trading day at .98, indicating a +1.02% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 1.23%.
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Nike (NKE) closed the latest trading day at .19, indicating a -1.11% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.28%. NIKE (NYSE:NKE) expects that Q2 revenues will also decline, with projected gross margins impacted by higher promotional activity and supply chain challenges. Moreover, the company has been seeing .Find the latest NIKE, Inc. (NKE) stock quote, history, news and other vital information to help you with your stock trading and investing.Interactive Chart for NIKE, Inc. (NKE), analyze all the data with a huge range of indicators.
Nike stock (NKE) sank more than 6% on Wednesday after the company reported fiscal first quarter revenue that missed estimates and withdrew its outlook for the year amid a CEO transition.On October 7, 2024, Nike Inc (NYSE:NKE) filed its 10-Q report, revealing a mixed financial performance with revenues of .589 billion, a decrease from the previous year's .939 billion. Nike is the dominant player in the athletic footwear industry. However, new competition, slowing growth, and relative weakness threaten the company's dominance.
A month has gone by since the last earnings report for Nike (NKE). Shares have lost about 8% in that time frame, underperforming the S&P 500. Nike shares powered firmly higher in early Friday trading as analysts and investors reacted to the sportswear giant's move to replace CEO John Donahoe.
Nike (NKE) closed the latest trading day at .98, indicating a +1.02% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 1.23%. Nike (NKE) closed the latest trading day at .19, indicating a -1.11% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.28%.
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