avoid this
x.com go and look at this link. look at the business it's a dying business the management have done a terrible job they managed to destroy a solid brand it's in tatters now just look at the constant downward guidance revisions
ONON and Hoka shoes are doing much better so yes if you're hoping for a recovery like what META or ADOBE did, i suggest don't do it it's not going to happen and instead buy some $On Holding(ONON.US$
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aims to identify stocks with rock solid growth fundamentals with 10x potential. also dabbles a little bit in trading
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MomentumPython1337 OP usazabala : I never owned a share in Nike and I definitely don't plan to hold it
at some point you have to admit the business is dying they need to fire that CEO he mispronounced the name of an athlete that Nike sponsors. in an earnings call. can you believe it? the CEO is getting paid millions to do this and he fucks it up. not a good look. i have no faith in the business so no I'm going to stay far away from this stock and I suggest you move your funds out to buy a company with better prospects
just look at intel or IBM or cisco these are old legacy companies they will stagnate and crash you need to recognize that this happens to businesses and the primary reason is incompetent management they have no idea what they're doing
usazabala MomentumPython1337 OP : it s NIKE
JUST DO IT !!