Reported 1 day ago
Nike Inc. (NKE) experienced a 15.19% increase in stock price, closing at $72.04 due to optimism that its sales decline may have reached its lowest point. Despite a significant drop in net income and revenues for the fourth quarter and full fiscal year 2025, the company's leaders expressed confidence that challenges will begin to ease. NKE remains a potential investment but faces competition from promising AI stocks.
Source: YAHOO