Should You Buy Nike (NKE) Stock Before March 31?

Nike (NYSE: NKE), the world's largest athletic footwear and apparel maker, was once a stable blue chip stock. But over the past three years, its stock has declined nearly 60% as it disappointed investors with slowing sales and declining margins. Should you buy Nike's stock as a contrarian play ahead of its next earnings report on March 31? Why did Nike's stock crash? Nike, like many of its industry peers, struggled with slowing sales during the pandemic. But after the pandemic passed, its revenue grew at ...