Nike stock $NKE drops 11% after shocking market guidance:



- The company expects sales to decline until the end of 2026
- China's market is expected to plummet by 20% next quarter
- JPMorgan, Bank of America, and Goldman Sachs analysts downgraded the stock after the earnings due to a longer-than-expected recovery path

The stock was at a 9-year low before the earnings... and now it’s sinking to a new bottom

$NKE ‎$NKE
NKE0,02%
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EGY
EGYEgypt
MC:$48.59KHolders:391
100.00%
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