Nike Shares Plunge to Lowest Level in Over a Decade

Deep News

5 hours ago

On July 24, 2026, in Austin, Texas, a customer browsed Nike footwear and apparel at a Nike factory outlet store.

Shares of sportswear giant Nike (stock code: NKE) fell to a 12-year low during Wednesday's midday trading session. The stock dropped more than 2% following a downgrade from Truist Securities, with the current price level last seen back in August 2014. So far in 2026, Nike shares have accumulated a decline of nearly 40%.

Truist Securities believes that Dick's Sporting Goods lowering its full-year 2026 earnings guidance serves as a bearish signal for Nike. Nike brand products account for approximately 35% to 40% of the merchandise purchased by Dick's Sporting Goods.

Currently, Nike is undergoing a transformation under the leadership of CEO Elliott Hill, but the recovery process is taking longer than analysts initially anticipated. Compared to the all-time high reached at the end of 2021, Nike shares have now fallen by more than 75%.

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The stock dropped more than 2% following a downgrade from Truist Securities, with the current price level last seen back in August 2014. So far in 2026, <b>Nike</b> shares have accumulated a decline of nearly 40%.<br><br>Truist Securities believes that Dick's Sporting Goods lowering its full-year 2026 earnings guidance serves as a bearish signal for <b>Nike</b>. <b>Nike</b> brand products account for approximately 35% to 40% of the merchandise purchased by Dick's Sporting Goods.<br><br>Currently, <b>Nike</b> is undergoing a transformation under the leadership of CEO Elliott Hill, but the recovery process is taking longer than analysts initially anticipated. Compared to the all-time high reached at the end of 2021, <b>Nike</b> shares have now fallen by more than 75%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0786609619.USD","symbol_name":"高盛全球千禧一代股票组合Acc","start_time":0,"source_url":"","article_id":"1167678492","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1167678492","pubTimestamp":1787760809,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"On July 24, 2026, in Austin, Texas, a customer browsed Nike footwear and apparel at a Nike factory outlet store.Shares of sportswear giant Nike (stock code: NKE) fell to a 12-year low during...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0786609619.USD":"高盛全球千禧一代股票组合Acc","IE00BYQQ9H92.USD":"BNY MELLON GLOBAL LEADERS \"A\" (USD) ACC","BK4581":"高盛持仓","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","NKE":"耐克","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4534":"瑞士信贷持仓","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","STYL":"Corgi Lifestyle Brands ETF","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","BK4566":"资本集团","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","BK4558":"双十一","IE00BFXG0V08.USD":"BNY MELLON GLOBAL LEADERS \"B\" (USD) ACC","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","BK4588":"碎股","LU1303367103.USD":"摩根大通多经理另类基金 A (acc)","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","BK4146":"鞋类","LU2098885051.SGD":"JPMorgan Funds - Multi-Manager Alternatives A (acc) SGD","BK4561":"索罗斯持仓","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC"},"translate_title":"耐克股价暴跌至十多年来最低水平","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STYL":1,"NKE":1},"content_text":"On July 24, 2026, in Austin, Texas, a customer browsed Nike footwear and apparel at a Nike factory outlet store.Shares of sportswear giant Nike (stock code: NKE) fell to a 12-year low during Wednesday's midday trading session. 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