NKE
Nike Inc. (NKE)
38.44
+0.09% (+0.04)
Market read
A 12-year low in NKE signals sustained weakness in a major consumer discretionary holding. The 38% YTD decline reflects deteriorating investor confidence in the apparel/athletic footwear sector's demand and margins, typically a risk-off signal for growth and consumer-adjacent portfolios.
Try Pro
Track capital flows and market sentiment in real time, across every asset.
Nike shares fell 3.2% to $39.42, marking a 12-year low, with the stock down 38% year-to-date.
A 12-year low in NKE signals sustained weakness in a major consumer discretionary holding. The 38% YTD decline reflects deteriorating investor confidence in the apparel/athletic footwear sector's demand and margins, typically a risk-off signal for growth and consumer-adjacent portfolios.
Jin10·08/18, 03:02 AM
US stock indices closed lower on August 17 with the Dow down 0.5%, S&P 500 down 0.5%, and Nasdaq down 0.32%; semiconductor stocks including SK Hynix, Micron and SanDisk rose while Nike fell.
Bloomberg·08/17, 09:43 PM
Nike shares fell 3.2% to $39.42, marking a 12-year low and putting the stock down 38% year-to-date.
ZeroHedge·08/13, 08:53 AM
Major U.S. companies including Apple, Nike, FedEx, Amazon, and General Motors have received tariff refunds totaling billions, with some sharing savings with customers.
Related markets
AAPL
-1.40%
315.50
Why it matters:AMZN
-1.29%
255.17
Why it matters:DJI
-1.26%
52,740.76
Why it matters:MU
+0.01%
1,016.73
Why it matters:NDX
-0.23%
29,475.45
Why it matters:SNDK
+1.92%
1,773.48
Why it matters: