Nike Stock News

Nike is this year's worst-performing stock in the Dow Jones Industrial Average, which is why you should consider buying it.

Truist Securities downgrades Nike to Sell, throwing in the towel on the shoe maker's sluggish turnaround.

Nike unveiled on Wednesday its first-ever running shoe designed specifically for India, marking the sportswear giant's ​latest bid to reach shoppers in the world's most ‌populous country as it grapples with a sales slump in other key regions including China.

Three S&P 500 ccompanies in different stages of comebacks show why it's important to pay attention to corporate turnounds.

Nike's stock has fallen for years, dragged lower by downbeat results, disappointing outlooks and a challenging macroeconomic backdrop. That has set up a situation where it looked like investors were awaiting clear signs of a turnaround before getting back on board—a prudent approach to a beaten-down stock.

The stock presents the most compelling risk/reward situation among its peers.

Nike's (NKE) Jordan brand is gaining ground among sneaker resellers, offering an “encouraging” signal for a business still struggling to regain its footing. Citi's tracking showed Nike captured 72.3% of resale volume in September, a 63bps increase from August, with Jordan driving most of the improvement.

Larry McDonald says the S&P 500's record chasing is hiding lots of companies with sliding stocks. He has ideas on how to play that.