Can Nike Stock Nearly Double To Pre-Inflation Shock Highs Of Over $175?

Nike shoes and logo are seen at a store in Nice, France on May 28, 2024. (Photo by Jakub ... [+] Porzycki/NurPhoto via Getty Images)NurPhoto via Getty Images[Note: Nike fiscal year ends in May]Nike’s stock (NYSE: NKE), a company designing, developing, and marketing footwear, apparel, equipment, and accessory products, currently trades at $94 per share, around 47% below its level of $176 seen on November 7, 2021 (pre-inflation shock high), and has the potential for gains. The athleisure giant is grappling wi ...