Nike (NKE) stock has performed poorly, underperforming the S&P 500 by the largest margin in 25 years, having fallen 35% year-to-date.
According to Yahoo Finance AlphaSpace data, Nike's stock is currently underperforming the S&P 500 by the largest margin in 25 years. Year-to-date, Nike's stock has fallen 35%, while the S&P 500 has risen 13%. Since CEO Elliott Hill took office on October 14, 2024, the stock has cumulatively fallen by approximately 49%. The company reported fourth-quarter revenue of $11 billion in late June, a 1% year-over-year decrease, or a 4% decrease on a constant-currency basis. Nike expects first-quarter revenue to decline by a mid-single-digit percentage.
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Source:Yahoo财经 · Source Link
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