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Explained: Why has Nike's stock taken a dive?

Author
九一星空无限talk ZB,
Publish Date
Thu, 26 Jun 2025, 8:08pm
Will shares in Nike recover this year? Image / Getty
Will shares in Nike recover this year? Image / Getty

Explained: Why has Nike's stock taken a dive?

Author
九一星空无限talk ZB,
Publish Date
Thu, 26 Jun 2025, 8:08pm

New reports show Nike's stock has plummeted 68 percent from its November 2021 peak.

Experts say it's a textbook 'fallen angel' - a former market darling now trading at beaten-down prices.

Sam Dickie from Fisher Funds explains further.

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