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Stock impact report

Just Fix It: Nike's stock is down 70% — but there's hope for a comeback [Yahoo! Finance]

eBay Inc. (EBAY) 
Last ebay inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ebayinc.com
Company Research Source: Yahoo! Finance
A company's stock price doesn't tell the whole story, but it does tell a lot of it, and the story it tells for Nike is bleak . Shares of the sportswear juggernaut have plunged 70% from their November 2021 peak, and are down 30% this year alone. Under the leadership of CEO Elliott Hill, a Nike veteran brought back in to lead the company in 2024, Nike has undertaken efforts to bring the company back to life. It's going back to sports-focused basics, repairing relationships with partners it scorned, and refocusing on innovating its actual products instead of innovating its website. The strategy does show signs of working, but it's slow going, and there are a lot of problems to address. "If you're 10 years old and you break your leg, you heal in a month," says Sam Poser, an equity analyst at Williams Trading. "If you're 40 years old and you break your leg, and it usually happens in a split second, it takes a much longer time before you can walk without a limp." And the 62-year-old Ni Show less Read more
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