NIKE Stock Slumps Nearly 30% in a Year: Still Worth Your Money?
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NIKE's stock has declined nearly 30% over the past year due to weak lifestyle sales, lower digital revenues, and challenges in the Greater China market.
December 30, 2024 | 9:15 pm
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NIKE's stock has slumped nearly 30% over the past year, driven by weak lifestyle sales, lower digital revenues, and challenges in the Greater China market.
The significant decline in NIKE's stock price is attributed to weak lifestyle sales, lower digital revenues, and issues in the Greater China market. These factors are critical as they directly impact the company's revenue streams and market performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100