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I see shares near fair value while the chart situation is not ... % of the global athletic footwear market share. It also sells brands Jordan, Converse, and Nike golf shoes and athletic apparel.
With all those problems, Nike’s global market share (for sneakers and apparel) has dropped less than one percentage point, from 17.1% in 2022 to 16.4% in 2024, according to Euromonitor data.
Investors should watch major support levels on Nike's chart around $71 and $65 ... and international markets that has eroded its market share. The stock was down slightly at $77 in midday trading ...
Key Takeaways Nike is poised to regain market share in the athletic footwear space as sales growth for Deckers Outdoor's Hoka ...
while Nike significantly underperformed the group. At the same time, high-growth companies such as Deckers Outdoor (DECK) and On Holdings (ONON) have significantly increased their market share and ...
The chart and pattern do ... will be attributed to a loss in market share whereas it may just be an overall weakening of the consumer. I was recently in the Nike outlet in my town [which was ...
Nike is falling behind in the sneaker wars. And its competitors are waiting in the wings to snag that coveted leftover market share. In a call with analysts last month, Nike chief executive ...
Nike stock has overcome the 50-day SMA in the past few sessions. This gives it the steam to make a run for the top trendline ...
It has a market capitalisation of €59.84b, with approximately 1.18b shares in issue. Over the last year, Nike share price has been traded in a range of 45.275, hitting a high of 91.47 ...
Nike stock has generated weak returns in recent ... Its brand strength is translating directly into market share wins in these large, growing categories. The athleisure specialist is also well ...
March 21 (Reuters) - Nike (NKE.N), opens new tab has increasingly leaned on its iconic basketball shoes to boost sales, but as the sportswear giant bleeds market share to newer brands, some ...
At least seven brokerages have cut their price targets on Nike since the start of the month, with many expecting the sportswear maker to further cede market share to newer, more innovative brands.