Down More Than 50% in 3 Years, Is Now Finally the Time to Buy Nike Stock?

Nike's top-line performance stabilized in recent quarters. But some key segments are still moving in the wrong direction.Athletic footwear company Nike (NKE 2.92%) has trailed the market year to date in 2026, falling about 1% as the S&P 500 has risen about 2%. This extends a stretch of poor performance for Nike stock that has gone on for a few years, resulting in a total decline of more than 50% over three years.Is this major pullback creating a buying opportunity?Unfortunately, I believe investors should c ...