NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class B common stock of NIKE, Inc. (NYSE: NKE) between March 19, 2021 and March 21, 2024, both dates inclusive (the “Class Period”), of the important August 19, 2024 lead plaintiff deadline. SO WHAT: If you purchased NIKE Class B common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangeme ...

See how these two sneaker kings stack up against each other.Nike (NKE 0.22%) has dominated the sportswear market for more than a generation, but its leadership position isn't as strong as it once was. The company has posted anemic growth for the last several quarters and warned that revenue could decline in fiscal 2025 as it struggles, like many of its consumer discretionary peers, with weak consumer demand. As a result, the stock is now trading near a five-year low, and losing market share to upstart compe ...

Shares of this industry leader have lost investors money in the past five years.People all over the world recognize Nike (NKE 0.22%) as the top brand in the sportswear industry. That positioning will be on full display during the 2024 Summer Olympic Games in Paris. However, investors have seen much better days when it comes to this struggling enterprise.As of this writing, Nike trades 58% off its all-time high, a record that was established in November 2021. The business is clearly dealing with some issues ...

NEW YORK, Aug. 5, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of NIKE, Inc. (NYSE: NKE).Shareholders who purchased shares of NKE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/nike-loss-submission-form/?id=93528&from=4 CLASS PERIOD: March 19, 2021 to June 27, 2024ALLEGATIONS ...

Can Nike turn its fortunes around?Nike (NKE 0.22%) signed sports stars, including basketball icon Michael Jordan, to endorsement deals. And it produced memorable marketing campaigns. This helped boost the company's shoe and apparel popularity throughout the years.And investors were undoubtedly pleased as its sales and profit soared. But things haven't gone smoothly lately. That's reflected in the stock price performance. Nike's share price has dropped 33% in the last year. That's in sharp contrast to the S& ...

The mighty sportswear enterprise is not without some valid risk factors.While the S&P 500 sits near record highs, a well-known company like Nike (NKE 0.22%) has disappointed its investors mightily. Shares currently trade 58% off their peak price from November 2021. And they have declined 16% in the past five years (as of July 30).But the opportunity might be too hard to pass up, especially since this consumer discretionary stock sells for a price-to-earnings ratio of 19.8, virtually its cheapest level in th ...

Nike (NKE) ended the recent trading session at $74.01, demonstrating a +0.22% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 1.84%. Meanwhile, the Dow experienced a drop of 1.51%, and the technology-dominated Nasdaq saw a decrease of 2.43%.Coming into today, shares of the athletic apparel maker had lost 1.85% in the past month. In that same time, the Consumer Discretionary sector lost 0.29%, while the S&P 500 lost 0.43%.The upcoming earning ...

LOS ANGELES, Aug. 2, 2024 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Nike, Inc. ("Nike" or the "Company") (NYSE: NKE).Class Period: March 19, 2021 – June 27, 2024Lead Plaintiff Deadline: August 19, 2024If you wish to serve as lead plaintiff of the Nike lawsuit, you can submit your contact information at www.glancylaw.com/cases/Nike-Inc/. You can also contact Charles H. Linehan ...

The market has enjoyed a great 2024 so far, with a resilient economy and favorable earnings results providing positive tailwinds.However, the positivity hasn’t been felt by all stocks, including long-time apparel favorite Nike (NKE) . Down 30% in 2024, shares have had a tough showing, with its recent quarterly results causing pressure post-earnings.Image Source: Zacks Investment ResearchBut is it due for a comeback? Let’s take a closer look at the company’s current standing.Nike Looks to Rebalance Product P ...

PARIS, FRANCE - JULY 30: A detailed view of the Nike shoes worn by Rafael Nadal of Team Spain as he ... [+] serves with partner Carlos Alcaraz (not in frame) of Team Spain against Tallon Griekspoor of Team Netherlands and Wesley Koolhof of Team Netherlands during the Men's Doubles second round match on day four of the Olympic Games Paris 2024 at Roland Garros on July 30, 2024 in Paris, France. (Photo by Clive Brunskill/Getty Images)Getty ImagesNote: Nike’s FY’24 ended on May 31, 2024. After almost a 33% dec ...