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-0.000109015589229316 -0.0019622806061266 -0.00342090919001418 0.000218031178458476 -0.00872124713834075 -0.0127591845633926 -0.0104654965660089 -0.00664995094298484
Stock impact report

Nike Plummets 11% on Disappointing Forecast: Generational Buy or Value Trap? [Yahoo! Finance]

Nike, Inc. (NKE) 
Last nike, inc. earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.nike.com/home/default.aspx
Company Research Source: Yahoo! Finance
contracted 130 basis points to 40.2% due to tariff-driven cost increases, and management guided for a 2-4% revenue decline next quarter. JPMorgan (JPM) cut its Nike stock price target from $86 to $52, though broader analyst consensus remains at $74.97 with 23 buy ratings, while competitors like On Running and Hoka have gained market share among younger consumers and China sales fell 16%. Nike's forward guidance warning of declining revenue and persistent margin compression from tariffs sparked the 11% stock selloff, exposing investor concerns that CEO Elliott Hill's restructuring has delivered promises rather than results. A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here Nike NYSE:NKE ) shares are down 11% in early Wednesday trading, reacting to a quarterly earnings report that beat estimates on the surface but delivered a forward outlook that rattled investors. The stock closed Tu Show less Read more
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