May. 22 at 9:46 PM
$NKE Nike’s stock has experienced a notable decline for approximately five years. During this period, the stock has hit multiple lows, with individual investors typically being the biggest losers, while large institutions have fared relatively better.
That said, in my view, the main reasons for the continued decline stem from internal challenges in the company’s strategy and business model, in addition to a previously high market valuation that is no longer supported by current performance.
In fact, the recent customs tariffs may be one of the best things to happen to Nike, as they will finally force the company to face reality.
Good luck to all investors.