NKE Stock Recent News

Nike's new CEO Elliott Hill stepped into his new role on October 14 facing a complex, intertwined number of challenges, not least of which is restoring the company to growth mode after dropping 10% in revenues in its most recent quarter and seeing its stock price plunge nearly 30% this year.

Pershing Square Capital's famed hedge fund manager, Bill Ackman, is one of the most interesting investors to keep tabs on.

The Dow finished October down slightly. Should you buy any of these blue chips?

Nike Inc. (NYSE: NKE) has seen a 22% decline in its stock price this year, amid challenges including slower global demand and a sales strategy shift that hasn't yielded expected results.

"The Dow® [adds a stock] if the company has an excellent reputation,

Brooks Running may not be nearly as large as Nike (NKE) or New Balance, but that doesn't mean its impact on the sneaker industry isn't still strong. The company – founded in the early 1900s to sell ballet slippers and bathing shoes – continues to be the top sneaker choice for serious runners.

Nike (NKE) reported earnings 30 days ago. What's next for the stock?

Hedge funds managed by Bill Ackman and Jeff Yass recently bought shares of Nike stock.

During earnings season, some companies will purposely release very bearish earnings reports, disclosing all the bad news at once. These are referred to as ‘kitchen sink' quarters, where they "throw out everything but the kitchen sink.

Consumer discretionary stocks are representative of companies in a wide range of industries and sectors that sell non-essential goods and services.