NYSE:NKE - New York Stock Exchange, Inc. - US6541061031 - Common Stock - Currency: USD
Curious about the top performers within the S&P500 index one hour before the close of the markets on Monday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
The NKE stock's gains show investor confidence in its strategy. Uncertainties linger around lifestyle recovery and challenges in Greater China.
Whether Adidas can win more American shoppers from market leader Nike will be key to its continued success this year, investors and analysts said, as the German brand looks for new sources of growth beyond its Samba and Gazelle sneakers. Uncertainty over whether consumer demand in China will recover has driven many brands, including in the luxury sector, to focus more on U.S. shoppers as a growth driver for 2025. Chief Executive Bjorn Gulden has turned Adidas around since the brand cut ties with rapper Ye and scrapped its lucrative Yeezy sneaker line in October 2022.
In the latest trading session, Nike (NKE) closed at $80.02, marking a -1.42% move from the previous day.
Mike Khouw breaks down a pairs trade involving Nike and Hoka-parent Deckers.
Kim Kardashian is not coming in to be a savior to Nike, as this is just one of many issues Nike needs to address, says footwear analyst Matt Powell.
Here are Tuesday's biggest calls on Wall Street.
Vietnam's goods exports to the United States accounted for 30% of its gross domestic product last year, the highest share among U.S. top trade partners, a Reuters review of public data shows, making the country highly vulnerable to reciprocal tariffs. The Southeast Asian nation experienced a surge in foreign investment after the first Trump administration started a trade war with Beijing in 2018, as foreign multinationals moved factories from China to its southern neighbour to avoid U.S. tariffs. Apple, chipmaker Intel and footwear and apparel giant Nike are among U.S. corporations which bet on Vietnam as a production hub for goods often exported to the United States.
Jefferies predicted a "V-shaped" earnings and margin recovery for Nike in fiscal 2027
The company is addressing its "self-inflicted" wounds and is set for a sharp rebound in earnings, analysts say
Analysts urged investors to "aggressively" buy shares of the retailer, projecting that they could add more than 40% in value.
These are the stocks posting the largest moves in midday trading.
Shares of athletic apparel brand Nike (NYSE:NKE) jumped 5.4% in the morning session after Jefferies analysts upgraded the stock's rating from Hold to Buy and raised the price target from $75 to $115. The analysts added "CEO Hill is tackling product and distribution issues head-on, positioning the brand to again outgrow the market and take back lost share. Survey work illustrates NKE's brand remains very strong, proving that issues were self inflicted and competitive threats less severe."
Shares of athletic apparel brand Nike (NYSE:NKE) jumped 5.4% in the morning session after Jefferies analysts upgraded the stock's rating from Hold to Buy and raised the price target from $75 to $115. The analysts added "CEO Hill is tackling product and distribution issues head-on, positioning the brand to again outgrow the market and take back lost share. Survey work illustrates NKE's brand remains very strong, proving that issues were self inflicted and competitive threats less severe."
Let's have a look at what is happening on the US markets in the middle of the day on Monday. Below you can find the top S&P500 gainers and losers in today's session.
U.S. equities were mixed at midday, with early gains tempered by falling tech shares.
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The US market is yet to commence its session on Monday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
Nike stock climbs after receiving an upgrade, huge price target hike. Jefferies expects margins, market share to improve.
Here are Monday's biggest calls on Wall Street.
The firm said now is the right time to aggressively scoop up shares of Nike given its upside potential and that its stock price is near a "valuation trough."
Nike is joining up on a new brand with Kim Kardashian in a bet her star power can have the same impact Michael Jordan did 40 years ago, but for women
Stay informed about the performance of the S&P500 index one hour before the close of the markets on Tuesday. Uncover the top gainers and losers in today's session for valuable insights.