Reported 2 days ago
Nike's stock has fallen 23% this year, reflecting a slowdown in sales and concerns over tariffs. Despite a new CEO, Elliott Hill, initiating positive changes by refocusing on sports and innovation, investor sentiment remains cautious. With sales expected to decline further and competition increasing, Nike still holds its position as an industry leader but its stock isn't as cheap as it seems, leading analysts to suggest there may be better investment options available.
Source: YAHOO