This company is a leading global sportswear brand that designs, develops, and markets a wide range of athletic footwear, apparel, and equipment. It is known for its innovative products, high-quality materials, and cutting-edge technology, catering to athletes and fitness enthusiasts across various sports and activities. The brand also emphasizes sustainability and community engagement, often collaborating with athletes, designers, and organizations to promote a healthy lifestyle and social responsibility. Through its extensive retail network and online platforms, the company aims to inspire and empower individuals to pursue their athletic goals. Read More
NIKE, Inc. (NYSE:NKE) announced a series of strategic changes to its Senior Leadership Team (SLT), elevating experienced leaders to accelerate progress against its Win Now action plan to position the company for future growth.
Most consumer discretionary businesses succeed or fail based on the broader economy. This sensitive demand profile can cause discretionary stocks to plummet when macro uncertainty enters the fray,
and over the past six months, the industry has shed 8.3%. This drawdown was worse than the S&P 500’s 2% loss.
NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.40 per share on the Company’s outstanding Class A and Class B Common Stock payable on July 1, 2025, to shareholders of record at the close of business on June 2, 2025.
Nike shows a bearish trend that began at its peak on November 8, 2021, indicating potential for further declines. On a shorter cycle, the stock’s drop from its October 1, 2024, high is developing as an impulsive Elliott Wave structure.
"Just how much did Marjorie Taylor Greene make when she bought the dip?" Alexandria Ocasio-Cortez asks in the caption of a YouTube video calling for a ban on Congressional trading.
