How Good Has Nike (NKE) Stock Actually Been?
The sportswear and sneaker giant has been trailing the market in a big way for the past five years.Nike (NKE +0.97%) is still the largest athletic wear company in the world, and the largest apparel company of any type in the U.S. However, this retail giant's stock has been a big loser for investors over the past few years. Headwinds and competitionNike still has incredible brand value. However, it's been struggling to grow in part due to the inflationary environment. Management made several missteps in rec ...