Market Analysis
Nike Stumbles as Gloomy Forecast Sends Shares Sprinting Downward
Nike's fourth-quarter earnings report revealed mixed results, with the company beating earnings expectations but falling short on revenue.
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Nike
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Nike
Market Analysis
Stocks to Watch Today: Nike, Humana, and UnitedHealth Incorporated
In a volatile trading session, Nike shares plunged nearly 20% following disappointing sales forecasts, while healthcare stocks Humana and UnitedHealth saw gains.
Market Analysis
Nike Shares Gain Amid Cost-Cutting Measures, Europe Layoffs
Nike recently announced layoffs in its European headquarters in the Netherlands, with the firm on a mission to reduce costs.
Best Stocks
3 Vulnerable Stocks That Will Be the Most Affected if Rates Don’t Come Down
Sticky inflation just got stickier, and the Fed's dual mandate is heading for another testing.
Market Analysis
Stocks in Focus: Lululemon, Nike, and Tesla Slump Amid Headwinds
Lululemon (LULU), Nike (NKE), and Tesla (TSLA) stocks opened lower due to slowing US store traffic, earnings announcements, and reduced China production, respectively.
Best Stocks
Premarket Moves: Nike Dips 11%, Karuna Therapeutics Soars 48%
A quick look at the biggest premarket moves today. NKE dips 11% while KRTX shoots up on a buyout deal.
Best Stocks
Nike Up 9% Premarket as Earnings Report Sparks Confidence
Shares of Nike rallied over 9% in the Friday premarket after the company reported better-than-expected earnings and gross margins.
Best Stocks
Nike is 20% Down YTD, But Can it Run Again?
Nike's shares inked a fresh 10-month low on Tuesday, broadening the stock's 2023 losses to 20%.
NFTs
Nike’s .Swoosh To Get Its First “Our Force 1” Airdrop on April 18th
Nike’s Tuesday airdrop will offer early access to all recipients for the “First Access sale” of the upcoming “Our Force 1” NFT collection.
Metaverse
After NFT Success, Nike Launches Web3 Platform for Virtual Creations
Nike’s Swoosh website is currently in closed beta but registration will be opened on November 18th.
Crypto
Nike’s NFT Revenue Hits $185M, $92.21M in Just Royalties
Nike's NFTs have made $93.1 million in primary sales volume and $92.21 million in secondary sales to date.
Crypto
Nike Inks Deal With RTFKT, a Metaverse Shoe Company
In a bid to bolster its position in the future digital world, Nike has acquired virtual sneakers and collectibles creator RTFKT.
Crypto
Adidas Joins Nike in the Metaverse as Industry Inches Closer to ‘Wear-to-Earn’ Model
Leading apparel brands continue their ventures into the Metaverse. Is a 'wear-to-earn' model next?