Shares of athletic-gear giant Nike Inc. on Monday were down for the eighth straight trading day and on pace for their longest losing streak in nearly 25...
Shares of athletic-gear giant Nike Inc. NKE, -1.81% on Monday were down for the eighth straight trading day and on pace for their longest losing streak in nearly 25 years. The stock was down 1.9% on Monday, and down around 6% over the past eight days.
The downtrend would put the stock on its longest losing streak since Dec. 4, 1998, when it fell for eight consecutive days. Nike has faced concerns about China’s wobbling economy and weaker demand overall, as consumer budgets stretched by inflation force shoppers to prioritize basics like groceries over things like sneakers and athletic apparel. Shares of Nike are down 13.3% year-to-date.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Jalen Hurts Inc. | Morning NewsletterAnd the rebirth of a coal mine
Weiterlesen »
Crowdstrike Holdings Inc Stock Price Today | NASDAQ CRWD Live TickerView today's Crowdstrike Holdings Inc stock price and latest CRWD news and analysis. Create real-time notifications to follow any changes in the live stock price.
Weiterlesen »
Regeneron shares climb after FDA approval of macular degeneration treatmentShares of Regeneron Pharmaceuticals Inc. gained 1.4% premarket on Monday after the company said late Friday that the U.S. Food and Drug Administration had...
Weiterlesen »
J&J says Kenvue tender offer was oversubscribed, expects 23.8% of tendered shares will be exchangedJohnson & Johnson said Monday that 802.7 million shares of its common stock were validly tendered and not validly withdrawn in a Kenvue Inc. tender offer...
Weiterlesen »
Dow's 86-point fall led by losses for shares of Johnson & Johnson, IntelDragged down by declines for shares of Johnson & Johnson and Intel, the Dow Jones Industrial Average is falling Monday morning. Shares of Johnson & Johnson...
Weiterlesen »
Palo Alto Networks’ stock surges toward best day in two years amid massive relief rallyPalo Alto Networks Inc. shares are basking in the ultimate relief rally Monday after the company's Friday night earnings scare proved a fakeout.
Weiterlesen »