Nike Is the Dow's Worst Stock of 2026 - and That's Exactly the Buy Signal
Nike is down 34.8% and ranks as the Dow's worst stock this year. Mark Hulbert's contrarian strategy turned 11.1% annualized over the past decade - but timing matters.
Topic
Nike
Topic
Nike
Ex-Reebok Execs and Former Athletes Launch Unsung to Challenge Nike
Boston startup Unsung, founded by ex-Reebok executives and former college athletes, launches the Snapback Trainer for young hocke…
Converse Drives 20% of Nike's Sales Decline on Just 2.5% of Revenue
Converse is 2.5% of Nike's revenue but drove 20% of its sales decline last quarter. Sales have halved since 2023, and BNP Paribas…
Nike Bets on India Campus as China Sales Drag on Turnaround
Nike announced this month it's expanding into India with a campus bet, as the retailer battles broad struggles and persistent wea…
Nike Sales Could Fall Further as China and Sneaker Woes Mount
Nike's sales could fall further as the company wrestles with twin pressures in China and in its sneaker business, according to a…
Nike Faces First-Quarter Test as Shares Sit Down 40% for the Year
Nike reports fiscal Q1 after the bell Thursday. Analysts expect 43 cents per share on $11.32 billion in revenue as China sales sl…
Nike Stock Falls 8% as Revenue Miss and Layoffs Loom
Nike shares dropped more than 8% after Q1 revenue of $11.21 billion missed estimates. CEO Elliott Hill says job cuts are coming u…
Nike Is the S&P 500's 13th-Worst Stock — and BofA Says the Slide Isn't Over
Nike shares have fallen about 44% this year, ranking 13th-worst in the S&P 500. BofA downgraded the stock to underperform, citing…
Nike Faces October 1 Stress Test as Turnover Hopes Clash With Lifestyle Weakness
Stifel cut its Nike target to $40 ahead of the October 1 Q1 report, as short interest climbs and hedge funds retreat while the li…
On Holding Unveils $1 Billion Buyback and CHF 5.6 Billion 2029 Sales Target
On Holding authorized a $1 billion buyback, its first, and targeted CHF 5.6 billion in net sales by 2029 with a 22% adjusted EBIT…
Nike's Phil Knight Commits $1 Billion to University of Oregon
Phil and Penny Knight commit $1 billion to build an engineering college at the University of Oregon, the largest gift ever to a p…