Nike's Stock Slump: Causes & Future Outlook

Nike, the athletic footwear and apparel giant, faces stock challenges despite its strong brand and innovative focus. Recent tariffs have added costs, but the company aims to reduce reliance on China. Despite a drop in stock value, Wall Street analysts remain optimistic, predicting a potential upside of over twenty-eight percent.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.