Nike Plunges To 5-Year Low
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Nike’s stock is taking a beating!
The sportswear giant just hit a near 5-year low of $66.63, continuing its downward spiral.
This isn’t just a short-term hiccup – we’re looking at a 6.41% drop in the past month and a whopping 28.98% plunge over the last year.
What’s behind this nosedive? Nike’s recent Q3 2025 earnings report paints a grim picture. Revenue tumbled 9% to $11.26 billion, with declines across all geographic markets. Even its digital sales, once a bright spot, took a 15% hit.
The company’s bottom line is also feeling the squeeze. Net income plummeted 32% to $794 million, while gross margins contracted by 330 basis points to 41.5%.
Increased discounting and higher inventory obsolescence reserves are eating into profits.
For short-term traders, this could spell opportunity. With the stock trading near its 52-week low and sentiment at rock bottom, any positive news could trigger a sharp rebound.
Keep an eye on Nike’s upcoming product launches and China recovery efforts – they could be key catalysts.
What’s your play here? Are you betting on a Nike comeback, or do you think the swoosh has more pain ahead? 🤔👟
