Bill Ackman Is Piling Into Nike Stock: 3 Things Investors Need to Know

Despite the fact that it still sits in the top spot in its space, engineering a rebound might take time. In its latest quarterly report, management didn't provide any guidance. For that, we'll have to wait until the new CEO strategizes the company's way forward.Some of the declines Nike endured during its fiscal first quarter were actually intentional -- the expected results of the company pivoting away from some of its previous strategies. For example, it cut the amount of inventory going to its direct-to- ...