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News
Nike’s Stock Collapse Vindicates a Warning From 2021
16+ hour, 10+ min ago (1033+ words) Nike stock fell to a 12-year low Monday on the New York Stock Exchange, closing at $40.18 — nearly 80% below its all-time high of $177.51, reached in November 2021. Earlier this month, JP Morgan downgraded the stock from neutral to underweight, warning that Nike’s…...