Tag: Nike China sales

Nike Stock Down 35%: China Crisis Deepens — Is NKE a Bargain or a Dangerous Value Trap?

Nike Stock Is Falling — But Is This Finally the Buying Opportunity Investors Have Been Waiting For? Nike (NYSE: NKE) is facing a problem that goes far beyond a weak quarter. The world’s most recognizable sportswear brand is trying to rebuild growth while dealing with declining sales in China, weaker direct-to-consumer revenue, intense competition and...