NKE Stock Heads For Its Worst Year Ever: Nike’s 45% Plunge Tests Investor Patience As China And Core Brands Weaken
Nike’s weak China sales, struggling brands, and analyst downgrades are raising doubts about the company’s turnaround. Nike shares have fallen more than 45% this year, putting the stock on track for its worst year ever. Nike’s Q1 2027 results pushed shares down over 5% last week. Analysts lowered Nike’s price targets as concerns about its … Read more