BREAKING 🚨: Nike $NKE on track for its worst year since Michael Jordan announced his first retirement in 1993 x.com/Barchart/status/20928478…
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BREAKING 🚨: Nike $NKE on track for its worst year since Michael Jordan announced his first retirement in 1993 x.com/Barchart/status/20928478…
· 30K Views
@Barchart They’ve been getting cooked at their own game…culture influence x.com/wins_andlessons/status/2…
@Barchart Low can always go lower x.com/weeklychartlab/status/20…
@Barchart Nike it's a buy when price to book = 1. Now it's 4. HOLD THE LINE.
@Barchart Nike's stock is around 38 dollars now, do you think it can hold off the drop? x.com/victoriahager1/status/20…
@Barchart The 1993 framing is fun but backwards — Jordan's retirement didn't break Nike, the wholesale channel did, twice. This drawdown is a distribution story: they pulled out of retail partners to go direct, discovered DTC doesn't replace shelf space, and are now paying to buy it back.