Nike bonds sell off, mirroring the sneaker maker's stock slide
Nike Inc. bonds have seen more net selling over the last seven days, mirroring the recent decline in the sneaker maker’s stock, according to the latest data from data-solutions provider BondCliQ Inc.Nike NKE shares have fallen 9% in the last five days, and the stock is down 33% in the last 12 months. Set against this backdrop, Nike’s nine bonds have seen significantly more selling than buying since Jan. 31, as the following chart from BondCliQ shows. ...