"That's momentum to the upside, little momentum to the downside, unfortunately, for Nike today. This is the fourth straight day that the sportswear retailer is dropping. It's lost over 10 billion in market cap just today. Biggest drop since April. Ticker NK. We all know this company well. It's down about 11% right now. The third quarter guidance disappointed investors as they warned that sales will decline this quarter amid weakness in China and with the Converse brand."
Nike is experiencing significant pressure with its stock declining for the fourth straight day, driven in part by disappointing Q3 guidance and sales concerns in key markets. The cumulative drop and investor disappointment signal continued headwinds in the near term.
Oracle Rises, Nike Continues Fall, BioMarin Up Big After Acquisition | Stock Movers
Stock Movers
December 19, 2025
Company Commentary