If You'd Invested $100 in Nike 5 Years Ago, Here's How Much You'd Have Today

Key Points Nike's stock is down over 50% in the past five years. Nike's business suffered when it began focusing on selling directly to consumers and not wholesalers. Younger brands like On and Hoka have introduced more viable competition in the athletic footwear industry. 10 stocks we like better than Nike › There aren't too many companies with the global brand and reach of Nike (NYSE: NKE). Billions of people around the world could look at its iconic checkmark logo and know the brand. Unfortun ...