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Nike Inc   (NYSE: NKE)
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 NKE $73.0400 $-0.1700 -0.23%

 Volume (M): 9,254   Open : 73.17    52 Wk Avg :  83.95


Nike Inc NKE OHLC Open High Low Closing Chart




  What happened with Nike Inc's Stock

Nike Inc. Faces Market Challenges Analyzing Stock Performance in January 2025



In January 2025, Nike Inc.'s stock demonstrated a modest increase of 0.85%, moving from $76.25 at the beginning of the month to $76.90 by the end. This uptick, though positive, lagged behind the broader market performance, which saw an average increase of 2.33%. Notably, Nike's stock swing was marked by substantial volatility, with the lowest point occurring on January 16, when shares fell to $70.315. This significant drop not only underlined investor sentiments but also represented a stark divergence from the overall market trajectory.

The month culminated with Nike shares reaching a peak of $78.8644 on January 31, yet this was followed by the stock's worst daily performance on the same day, experiencing a decrease of 1.83%. Such fluctuations reflect a certain unease among investors, highlighting the challenges that Nike faced compared to its suppliers. Throughout January, Nike?s performance in the Apparel, Footwear and Accessories sector showed weaker results, with these industry stocks only climbing by an average of 0.73%. This further emphasizes the company?s struggle to keep pace with its competitors.

The overall sentiment around Nike in January 2025 was mirrored by the relatively tepid performance of shares in the broader market and sector, culminating in a month that displayed both minimal growth and notable market challenges. In conclusion, while the incremental increase in stock price may seem advantageous, it underlines deeper issues within Nike's market position that investors should carefully consider moving forward.,

Nike Inc. Experiences Tumultuous September 2024 Amidst Market Fluctuations



In September 2024, Nike Inc.'s stock experienced a notable decline of -6.44%, falling from $88.40 at the start of the month to close at $82.71. This downward trend was marked by volatility, highlighted by a high of $90.62 on September 26, which proved to be short-lived, as the shares had previously plummeted to an unsettling low of $76.74 on September 11. The month commenced with a particularly poor performance on September 3, when shares recorded their most significant single-day decline of -2.4%.

Interestingly, despite the overall negative movement in its share price, Nike's performance relative to the broader market was slightly more favorable, outperforming the market with a 4.25% gain. However, when juxtaposed with the Consumer Discretionary sector and Apparel, Footwear and Accessories industry, which rose by 4.46% and 2.46% respectively during the same period, it becomes evident that Nike's stock has struggled against its peers.

Furthermore, the company's weaker performance in the last quarter, especially in comparison to the CSIMarkets index that tracks its suppliers, raises concerns about its competitive position within the industry. The month painted a picture of a company facing significant challenges, punctuated by both sharp declines and minor recoveries, urging investors to reevaluate their confidence in Nike Inc. as it navigates a particularly turbulent market landscape.,

Nike Inc. Stock Surges 12.82% in August 2024 Amid Legal Challenges and Market Volatility,

'Report on Nike Inc.'s Share Performance in August 2024'

In August 2024, Nike Inc. experienced a remarkable recovery in its stock price, showing an impressive improvement of 12.82%, climbing from $74.70 at the beginning of the month to $83.32 by the end. Despite this upward trajectory, the performance of Nike's shares was notably mixed, with certain days displaying sharper declines. On August 5, the stock hit its lowest point of the month at $70.75, mirroring a worst single-day performance of -3.5%. This dip occurred in conjunction with a broader trend within the Apparel, Footwear and Accessories industry, which saw average gains of 4.6%.

Throughout August, Nike?s share performance outpaced the market average, boasting a 3.94% increase relative to other stocks. The most significant surge was recorded on August 8, with a gain of 2.16%. This uptick was reportedly influenced by news concerning a legal challenge investors faced amid a fluctuating financial landscape, including a class action lawsuit deadline nearing on August 19, 2024. Despite the positive momentum, it?s important to note that Nike's stock did not fare as well as its suppliers, according to the CSIMarkets index, reflecting a broader concern regarding Nike's financial health.

The month concluded on a high note, with Nike shares reaching their peak at $85.43 on August 28. This upward trend, however, must be viewed in the context of ongoing market challenges where investor sentiment remains cautious, particularly following recent reports of a 2.19% decline in revenues from Nike's suppliers compared to the prior year. Overall, while August brought a noticeable rebound for Nike's stock, the lingering issues from the previous quarter paint a complex picture of its performance moving forward.

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What happened with NKE shares in July 2024

'Analysis of Nike Inc. Stock Performance in July 2024: Navigating Challenges Amid Market Headwinds'

In July 2024, Nike Inc.'s stock faced considerable difficulties, culminating in a decline of approximately -2.56% over the month, with shares dropping from $75.50 to $74.86. Throughout this period, the company's performance clearly lagged behind broader market trends, particularly in comparison to its competitors within the Apparel, Footwear, and Accessories sector, which experienced an average uptick of 0.74%. This divergence indicates that Nike's struggles were not merely an industry-wide phenomenon, but rather a reflection of specific operational challenges faced by the company.

The month saw significant fluctuations in share value, peaking at $77.06 on July 1 before hitting a low of $70.91 on July 25. Notably, July 8 marked the worst trading day for Nike's shares, which fell by -3.16%, indicating heightened investor concern regarding the company's financial outlook. A pivotal moment occurred on July 10 when shares inched up by 0.11%, following news that Nike was responding to declining sales with the planned launch of an affordable sneaker line priced below $79, aimed at regaining market share. However, this slight recovery seems inadequate considering the persistent negative sentiment.

Additionally, on July 22, the stock experienced its most significant downturn of -3.16%, further underscoring a trend of erratic performance throughout the month. Compared to the CSIMarkets index, which tracks Nike?s Suppliers and presumably reflects healthier performance within its supply chain, Nike's stock has demonstrated a notably weaker trajectory over the last quarter.

Overall, July was a challenging month for Nike, characterized by significant price volatility in a backdrop of negative press regarding sales performance, ultimately pointing towards a need for strategic reevaluation to regain investor confidence and market standing.

Nike Inc Faces Steep Decline in Shares amidst Weak Performance and Market Underperformance in June 2024

Nike Inc's Shares Decline by -20.16% in June 2024 Amid Weak Performance and Market Underperformance

In June 2024, Nike Inc's shares experienced a significant decline of -20.16%, dropping from $94.52 to $75.37. This decline in share value indicates poor performance for the company during the month. Comparatively, the CSIMarkets index, which monitors Nike Inc's suppliers, also exhibited weaker performance in the last quarter.

Throughout the month, Nike Inc's shares consistently trailed the performance of the overall market. The shares reached their highest point on June 24, peaking at $98.04. However, on June 28, they hit their lowest point for the month, plunging to $74.55.

In the same period, the shares in the Apparel, Footwear and Accessories industry, to which Nike Inc belongs, experienced an average decline of -2.54%. On the other hand, shares in the broader Consumer Discretionary sector were up slightly by 0.07% on average. These figures indicate that Nike Inc's decline outpaced the industry average and that the company's performance was lagging behind its competitors.

Furthermore, on June 27, Nike Inc released its financial results. The financial results release was scheduled for Thursday, June 27, 2024, at approximately 1:15 p.m. PT. Following this announcement, the company's stock reacted with a minor increase of 0.14%. However, this minimal gain did not offset the overall decline seen in Nike Inc's shares throughout the month.

In summary, Nike Inc experienced a considerable decline in its share value, with a -20.16% drop in June 2024. This decline was more significant compared to the weak performance of the CSIMarkets index monitoring Nike Inc's suppliers. Additionally, Nike Inc's shares consistently underperformed in relation to the overall market. The company's financial results release failed to generate a significant positive impact on its stock value.





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