Down 58%, Is This S&P 500 Stock a Once-in-a-Generation Investment Opportunity?
NKENIKE(NKE) The Motley Fool·2024-08-05 18:36

Shares of this industry leader have lost investors money in the past five years.People all over the world recognize Nike (NKE 0.22%) as the top brand in the sportswear industry. That positioning will be on full display during the 2024 Summer Olympic Games in Paris. However, investors have seen much better days when it comes to this struggling enterprise.As of this writing, Nike trades 58% off its all-time high, a record that was established in November 2021. The business is clearly dealing with some issues ...