Why Nike Stock Hit a 12-Year Low, Down 78% From Its 2021 Peak
TradingKey - Nike (NKE), which once swept global markets with its "Just Do It" slogan and Air Jordan series, is currently experiencing a prolonged slump rarely seen since going public. On August 17, Nike shares closed at $39.09, down about 4% for the day after touching an intraday low of $38.86, hitting a new low in nearly 12 years.
TradingKeyTue, Aug 18