3 Things to Know About Nike Stock in 2024

Accruing stock market gains is more of a marathon than a sprint, but Nike (NKE 1.97%) still left investors wanting more this past year. The footwear giant's stock ended 2023 in negative territory, making it one of the worst-performing members of the Dow Jones Industrial Average. Shares haven't had a great start to the new year, either, declining 6% following last year's 7% slump.With that tough backdrop in mind, let's look at Nike's chances of having a better year ahead from here. There are some encouraging ...