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Nike (NKE)

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Nike shares attract “bounce” trading narrative as investors brace for volatility
The Apex Times

THE APEX TIMES

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Nike shares slide to a 12-year low, widening the gap with bitcoin’s recent drop
The Apex Times

THE APEX TIMES

Business / The Apex Times

Nike shares slide to a 12-year low, widening the gap with bitcoin’s recent drop

Nike’s stock fell to its lowest level in more than a decade on Aug. 17, underscoring how equity investors have been repricing the retail giant’s turnaround story. In a comparison making the rounds online, bitcoin’s decline has been smaller over the same general timeframe.

Aug 17, 6:54 PM EDT