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BREAKING 🚨: Nike $NKE falls to its lowest price in more than 12 years 📉 📉 x.com/Barchart/status/20926781…

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150 replies collected of 162 X reports
GONE🎴 @DIPthe2nd ·

@Barchart Go woke, go broke

1 3
TheKingKouture @KoutureThe ·

@Barchart Wow!!! And will it bounce from here?!

Azraël @azrael_options · D

@Barchart Twelve year lows leave dealer inventory stacked heavy on $NKE puts. Every bounce gets absorbed into that shelf until spot proves it can hold above it.

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Brook Liven @BrookLiven · D

a great brand can still lose momentum. the chart reflects more than sneaker demand. turnarounds require product heat, not nostalgia. twelve-year lows test every long-term shareholder. discounting protects volume while bruising the brand. investors now need proof, not promise. the swoosh needs a new running start.

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Sago Labs @SagoLabsVC · A

@Barchart Just lose it.

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Assaf | Money & Finance @Assaf0013 · D

@Barchart It’s whether this is a broken brand or a broken stock.👀

Alex DeWolf @TrackNetWorth · D

@Barchart Peak irony is paying forty bucks for polyester socks while the stock quietly reenacts two thousand eight

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Investing With Andy @nbcluff · D

@Barchart Thanks for sharing this analysis. It is clear, practical, and easy to follow. You and @corp_nick14 are the two market accounts I find myself checking most often.

Benhur22🐐 @Benhur2202 · A

@Barchart Just sell it

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@Barchart @Grok, are there fundamental reasons for this?

1 2
Klaus Hasler @herrhasler1 · D

@Barchart Really?

Julian Prescott @miadressye0vxj ·

@Barchart Always appreciate the clarity in your posts! Honestly, you and @lexmexx1 are the two most reliable follows on this app for actionable market takes. Keep crushing it! 📊

David McCabe 🇺🇸 @RealDaveMcCabe · D

@Barchart Free Shoes for Everybody!!

1
J @48FamilyOffice ·

@Barchart Mind blowing watching some of the greatest companies of all time fall like this.

cryptopunk @crypt0_punkk · D

@Barchart they need to pivot to AI or cure cancer

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Mango pickle @Sizzle_ola ·

@Barchart PE is 19...it is still over valued

1 59
Solomon @iamalijandro · D

@Barchart Buy the big dip

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Joe Finance @JoeFinancee · D

@Barchart I mean at this point do you just buy it

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ManiBags @ManiBagsBole · C

@Barchart There’s a good reason for that 🧐

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Trench Tom @trenchtomm · D

@Barchart Have you seen what the consumer just did? The share already hit a 12-year low. Demand never came back.

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Quant_shigara @shigarana · D

@Barchart Crazy to watch. The problem isn't just the stock price, it's that the product lost its cool factor. Massive potential for a bounce eventually, but leadership needs to actually fix the core lineup first instead of just recycling retros.

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Robert Hayes @FutakuArts · D

@Barchart Your content brings real value to the trading community. I appreciate your dedication and the insights you provide every day. Continuing to learn from you and @BrianReid11BR.

Dex @DexAust · D

@Barchart Which direction next 🤔

Mike Supreme @MikeSupreme7 ·

@Barchart Shoes are not comfortable....

Arnaud Coquelin de Lisle 🇫🇷 @ArnaudLisle · C

@Barchart Those who bought it at the top got screwed...

original · fr

@Barchart Ceux qui l'ont acheté en haut se font fait niké..

KidsMeal @Kidsmealstudios · B

@Barchart Zero creativity does this

1 3
Perry @perryjw ·

@Barchart Nike supported athletes kneeling during the National Anthem. They lost millions of customers due to their political stance. Boycotts were called for against Nike. I think there are a lot of people that will never buy their products again.

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Sam Johnston @SamJohnston724 ·

@Barchart Finally, the multiples are normalizing as a low growth company that Nike is.

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tradeXLNC @tradexlnc · 13K B

@Barchart F it I'm a buyer $NKE

1 3
Bitcoin Long @nice_investment · D

@Barchart $GME stock looks better

original · ko

@Barchart $GME 주식이 더 좋아보입니다

Mr Anderson @MrAaaanderson ·

@Barchart Ugly products, tshirts with massive logos … they are done.

2
Odelia Energy @odeliaenergy ·

@Barchart @ChrisKnight407 Might need to scoop before AI announcement, respectfully

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Innergy @Innergy12 · D

@Barchart the more u guys show these charts the lower it will go

1
M.M @Mmelamed3 · D

@Barchart $20

Snobby Cat @CatSnobby ·

@Barchart They deserved it! $NKE did business with russians. Only recently Nike has a collaboration with a russian designer who supports russian aggression against Ukraine. Western companies doing business with terrorussia deserve going to zero.

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ProdigyTrades @ProdigyTrades1 · D

@Barchart It’s down but don’t think $NKE is out

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WENLAMBO @Jiggymikeymike ·

@Barchart Go woke. Go broke

Frank @Frank920152845 ·

@Barchart Nike ain't going anywhere and is comically oversold

Sunshine Baby @joeyamanley · D

@Barchart Just Do It... sell everything before it hits 2008 levels

Renaissance man @JohnA31766772 · D

@Barchart mistakes made.pulled out of footlocker to concentrate on direct sales via apps, didn't keep up with running, hoka and others took marketshare, relied too heavily on retro classics, china started buying their own brands, economy, weak sales led to mark downs causing weak profits.

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WAVEguy 🌊 🏄 @SJOldValueGuy · C

@Barchart Yea. ⬆️…. Unless the $NKE “consolidation” crowd has a legit catalyst ….. it’s a PEG of 4.3 and Fwd PE of 18 …. Still losing market share…. Not cheap.

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RetiredLife @RetiredLifeNC · D

@Barchart @carlquintanilla I mean; who in their right mind buys stocks at their lows when you can wait for the recovery and pay 2-3-4-10x higher when people forget why they even hated to begin with. Abercrombie was hated; racists, lawsuits, you name it. VS was finished because men now like all shapes..🤷‍♂️😆 x.com/RetiredLifeNC/status/209…

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Weiss Ratings LLC @WeissRatings · B

@Barchart Not surprising. We haven't rated $NKE "Buy" in years. x.com/WeissRatings/status/2092…

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Nathan S @UltimateTrad8r · B

@Barchart Not that i feel it will get there But at 30 I would have to take a position on $nke Even at 35 its worth a swing and wait At these prices its still near 20x Not bad but for a flat declining business That only works when you are elon and $tsla

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Rsredtail @Scott25356971 ·

@Barchart Got to catch at some point

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BREIZH TRADE (Trading,Communauté) @fabien_royere ·

@Barchart Well, it's time to buy, be happy, why are you so sad about paying so little? Think of those who bought higher up...

original · fr

@Barchart Et bien il est l'heure d'acheter, sois heureux, pourquoi es tu si triste de payer si peu cher. Pensent à ceux qui ont acheté en haut.....

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6 replies whose parent comment X withheld

WAVEguy 🌊 🏄 @SJOldValueGuy · C

@LiveMarketChat @Barchart It’s following the typical trajectory of all former growth stocks. It’s now trading like a value stock. What is the new growth catalyst? It’s not China.

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LiveMarketChat @LiveMarketChat · D

@SJOldValueGuy @Barchart Doesnt need growth catalyst, current earnings are priced right ......you call it a value stock.....uhm ok, for me its now investable whereas it wasnt before.

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Spanky McDoob @59thProfile ·

@Savdini @perryjw @Barchart Get to your point faster then retard

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WAVEguy 🌊 🏄 @SJOldValueGuy · C

I like the idea, worth watching, and agree it has intangible value, as well as widespread brand recognition. I have it as a watch and market perform for now with the chart in a clear downtrend and no obvious story/catalyst. Morning star ⭐️ agrees with you. 👇 My China guy thinks there is major consumer pushback against all things American… Chinese Gen Z. Anta is continuing to out 🏃‍♂️ pace Nike. I am struggling to see that story working with some of the cultural issues going on at the moment. Locally in U.S., ON, hoka, NB, ASICS, Adidas have been innovating. I think they will maintain profitability. Elliot move to create more scarcity and whole sale market will pad EPS. I am wondering 🤔 about the growth strategy and multiple. $NKE With that said, we are in a debasement world. Shorting it would be foolish.

Weiss Ratings LLC @WeissRatings · B

@planetcitize @Barchart You can get to know us better at weissratings.com

tradeXLNC @tradexlnc · 13K B

@_JoeyCoco_ @Barchart I got a low avg so willing to take the risk

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