Nike’s Shocking 5-Year Low: Is This the End of the Sportswear Giant?
Nike Inc. has been hit with its largest decline in five years, as the company announced disappointing sales figures and a gloomy outlook for the near future. The iconic sportswear giant’s stock dropped sharply, closing at $67.94 on March 21, 2025, reflecting a 5.5% loss in one day alone. This marks a worrying trend, with … Read more