Tag: Nike shares

Nike stock fell more than 3% to a fresh 52-week low as On Holding's weak sales and outlook added pressure to the sportswear sector. (REUTERS/Kylie Cooper/File Photo) (REUTERS)
Posted in Business

Why Nike stock fell over 3% to a fresh 52-week low: Key reasons

Nike Inc. shares fell more than 3% on Monday, hitting a fresh 52-week low of $39.41. The decline was sharper than the broader market move….

Continue Reading