Nike's stock price drops 3%, hitting a 52-week low
2026-08-18 01:47:46
According to CoinMeta, Nike's stock price fell 3% on Monday, reaching $39.47 and hitting a 52-week low of $39.42, a 51% decline from its 52-week high of $80.16. The weakness in the Chinese market has affected Nike's wholesale recovery, with digital sales declining by 29%. Analysts expect that Nike's dividend payout ratio will exceed 100%. Nike's revenue for the fiscal year 2026 is $46.4 billion, unchanged, while direct digital sales have decreased by 6%.
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Source:Internet
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