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Nike stock price, NKE
Nike stock chart:
Nike close price: 54.2
Stock price forecast:
UP TO +4.13%
Total forecasts: 82
Reached: 53 (64.63%)
Total Win: 52.13 (92.42%)
Showing 1-10 of 586 items.
|Date of Forecast||Stock Price||Target Price||Forecast Reached Date|
Nike latest news:
Nike Signs Giant’s Beckham
Under Armour's stock sinks toward longest losing streak in its 11 1/2-year public history
Shares of Under Armour Inc. sank to a near 4-year low in morning trade Friday, and were on track to suffer their longest losing streak since going public in November 2005, in the wake of disappointing results from athletic shoe retailer Foot Locker Inc. . The stock was down as much as 2.9% earlier at an intraday low of $18.35, which was the lowest price seen since Aug. 20, 2013. It was recently down 1.5%, and in danger of its 8th-straight loss. The stock had previously suffered losing streaks of as long as 7 sessions four times, in April 2017, October 2016, February 2016 and September 2008. Weighing on the athletic apparel and accessories company's stock, Foot Locker shares plunged 16% after the retailer's fiscal first-quarter results missed profit, revenue and same-store sales expectations. Under Armour shares have plunged 36% year to date, while rival Nike Inc.'s stock has gained 1.1% and the S&P 500 has advanced 6.4%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Hedge fund Hoplite pitches Nike as long bet, sees shares doubling
LAS VEGAS, May 18 (Reuters) - Hedge fund Hoplite Capital
Management's John Lykouretzos on Thursday pitched Nike Inc
as a favorite long position, saying that its stock price
could double within three years amid strong international
Athletics-Kipchoge on pace for sub-two hour marathon
MONZA, Italy, May 6 (Reuters) - Kenyan Eliud Kipchoge was on pace to run the first marathon in under two hours on Saturday, part of an unofficial effort at a Formula 1 track in Italy sponsored by sportswear group Nike to break through one of the greatest barriers in sport.
Adidas shares hit a record high after firm sees sales jump
The German sportswear firm reports a big jump in sales in the US, outpacing rival Nike on its home turf.
Amazon's most sought-after clothing brands include Nike, Adidas and Under Armour
Amazon.com Inc. is the second largest U.S. apparel retailer, according to the latest analysis from Morgan Stanley, and athletic brands top the list of most frequently purchased. Nike Inc. , adidas AG , Hanes and Under Armour Inc. were the most sought-after brands, with at least 20% of respondents naming them. Morgan Stanley AlphaWise polled 1,000 adults aged 18 and over from April 4 to April 12. "We expect consumer expectations around seeing more dressier and formal attire brands to grow as Amazon's private label brands gain traction," analysts wrote in the Friday note. Nearly half of respondents (46%) purchased clothes from Amazon in the last year, second only to Wal-Mart Stores Inc. with 60%. And nearly half (47%) of likely Amazon apparel shoppers said they expect to buy more clothes from the e-commerce giant in the next 12 months and fewer pieces from other retailers. Analysts say Amazon's 2016 share gains came out of department stores and Target Corp. . Clothing sales at Amazon appears to be driven by Prime members, who are 1.5 times more likely than non-prime members to buy clothes from the site. Amazon shares are up 3% in premarket trading, and up 52.6% for the past year. The S&P 500 index is up 15.1% for the last 12 months.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Boeing, Nike Drive DJIA Higher Monday
Nike, Michael Kors and Amazon are tops with teens
The latest "Taking Stock with Teens Survey" from Piper Jaffray shows that the top brand for clothing and shoes is Nike Inc. , Michael Kors Holdings Ltd. is number one for handbags, and Amazon.com Inc. is the top shopping website. Piper Jaffray, which released the results for the spring survey on Monday, polled 5,500 teens across 43 U.S. states. The average age of the respondents was 16 and average household income was $66,100. The survey found that overall teen spending is down 2.4% year-over-year, with parents contributing 63% to their spend, down from an average 68% last year. Food comprised 24% of teen budgets with clothing at 19%. Starbucks Corp. is the top restaurant for teens from average-income homes ($55,000 in household income), and the coffee chain ties with Chick-fil-A for the top spot for upper-income teens ($100,000 in household income). Other brands topping the list of preferences are Netflix Inc. for daily video consumption and Snap Inc. for social media platform. The SPDR S&P Retail ETF is up 1.2% in Monday trading, but down 4.7% for the year so far. The S&P 500 index is up 5.5% for the year to date.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Under Armour stock slides 3% to lead S&P 500 decliners
Shares of athletic clothing and shoes Under Armour Inc. slid 3% Friday to lead S&P 500 decliners, after The Baltimore Sun reported job cuts at the company's Connected Fitness unit. The unit makes apps for wearable devices to allow users track fitness. About two dozen workers were affected, mostly in Copenhagen, Denmark, where Under Armour acquired fitness app Endomondo in 2015, the paper said. Under Armour stock was downgraded earlier this week at FBR & Co., where analyst Susan Anderson assigned it a rare underperform rating and slashed her price target to $14, or about 24% below its current trading level. Anderson said channel checks suggest a growing price war with Nike Inc. after UA's entrance into department store chain Kohls Inc. . Under Armour shares are down 27% in 2017 so far, while the S&P 500 has gained 5%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Why This Analyst Thinks Nike’s Run Could Be Over in 2017
Top Analyst Upgrades and Downgrades: Alphabet, Bank of America, Caterpillar, Nike, NVIDIA, Panera, Snap, Urban Outfitters and More
Under Armour's stock drops after downgrade to rare underperform rating
Shares of Under Armour Inc. slumped 2.4% in morning trade Monday, after FBR & Co. turned bearish on the athletic apparel company, citing a brewing price war with rival Nike Inc. at Kohl's Inc. , as well as changing customer preferences. Analyst Susan Anderson cut her rating to a rare underperform from market perform, and slashed her price target to $14, which is 28% below current levels, from $20. Only 1.6% of the companies covered by FBR analyst had underperform ratings. "Our checks show a price war is intensifying between [Nike] and [Under Armour] after UA's entrance into [Kohl's], which is causing [Nike] to defend its turf," Anderson wrote in a note to clients. "Also, a lack of UA footwear innovation, increased competitor innovation--Nike VaporMax--and out footwear survey showing UA is losing consumer resonance could mean lower 2017 footwear growth." The stock has plunged 33% year to date, while Nike shares have rallied 8.8% and the S&P 500 has gained 4.9%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
How Analysts View Nike After Earnings
What Analysts Are Saying About Nike After Earnings
Nike stays ahead of the pack
Nike continued to remain ahead of the pack, beating earnings estimates in the third quarter.
Nike is about to report earnings, here's what one analyst expects
Nike is about to report fiscal third-quarter earnings. Here's what one analyst is expecting.
Closing Bell: Caterpillar boosts the Dow
Stocks ended a jumpy day little changed as financials weighed on the S&P 500 and Nike and Disney hoisted the Dow Jones Industrial Average higher for most of the day.
Video provided by TheStreet
Adidas Aims for Big Boost in U.S. Sales by 2020
Adidas AG expects to increase its North American sales nearly 50% by 2020, a sign of optimism for the German sportswear company that has long struggled behind Nike Inc. in the region.
Why Adidas Is Gaining Ground Against Nike
Nike's releases plus size sportswear
Women in need of plus size workout gear can now head to the gym rocking the swoosh. Angeli Kakade (@angelikakade) has the story.
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