Down 32%, Is Now a Good Time to Buy the Dip in Nike?
NKENIKE(NKE) The Motley Fool·2024-07-26 21:00

Nike is one of the worst-performing stocks in the Dow Jones so far this year.The markets have gotten off to a roaring start in 2024. The S&P 500 has returned roughly 17% so far this year, while the Nasdaq Composite has surged by 20%. But one stock that hasn't fared so well is Nike (NKE 0.45%). Shares of the footwear and apparel maker have cratered 32% -- making it one of the worst performers in the Dow Jones Industrial Average.With shares hovering at historically cheap levels, is this an opportunity to buy ...