Despite Setbacks, Nike's Market Share Loss Is Overblown, Analyst Says [Yahoo! Finance]
Piper Sandler Companies (PIPR)
Last piper sandler companies earnings: 5/1 08:04 am
Check Earnings Report
Company Research
Source: Yahoo! Finance
Barry Keoghan Stepped Out in Fresh Nike Air Force 1 Shoes to Party the Night Away After the 2024 Met Gala A lot has been said about Nike's recent lagging performance, especially compared to up-and-coming sportswear and sneaker brands like On, Hoka and Lululemon. But according to one analyst, the narrative of the Swoosh's diminishing market share may not be entirely accurate. “Challenging sales trends , the rise of new competitors , and limited innovation has led many to believe Nike is losing market share globally,” wrote Morgan Stanley analysts led by Alex Straton in a Tuesday note to investors. “While some sources/analyses confirm that's the case either globally or in select sub-sectors, our Euromonitor data analysis suggests Nike's share has proven more resilient over the last four years.” Euromonitor data, or aggregated retail equivalent sales for more than 190 sportswear brands across eight regions, suggests that Nike's global sportswear market share has been “stable to hi
Show less
Read more
Impact Snapshot
Event Time:
PIPR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PIPR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PIPR alerts
High impacting Piper Sandler Companies news events
Weekly update
A roundup of the hottest topics
PIPR
News
- Reddit shares jump after OpenAI partnership [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Piper Sandler sees Fed cutting rates three times over the next 8 meetings [Yahoo! Finance]Yahoo! Finance
- Nvidia earnings preview: Here's what Citi, Piper Sandler analysts expect to see [Yahoo! Finance]Yahoo! Finance
- Major champions Rory McIlroy, Lucas Glover react to Jimmy Dunne's resignation from PGA Policy Board [FOX News]FOX News
- IRIS Software Group Acquires Swipeclock [Yahoo! Finance]Yahoo! Finance
PIPR
Earnings
- 4/29/24 - Beat
PIPR
Sec Filings
- 5/17/24 - Form 144
- 5/7/24 - Form 4
- 5/7/24 - Form 10-Q
- PIPR's page on the SEC website