“Nike on the brink as shares crash 75% from highs. Critics say brand went ‘woke’ and is now broke…”
April 12, 2026
“Shares of the athletic giant have fallen roughly 75% from their peak in late 2021, wiping out nearly $200 billion in market value. At the same time, profits have taken a hit, with the latest earnings report showing a 35% drop in net income (1)…”
https://finance.yahoo.com/markets/stocks/articles/nike-brink-shares-crash-75-122000902.html
Keep crashing NIke. In my opinion this stock should be avoided… but that may not be the case after a market crash. It crashed 75% so far. Get closer to 99% then the stock might be worth looking at.