Nike (NKE) stock news

Nike’s stock is one of the worst in the S&P 500 — and BofA says it’s not done sliding

BofA analysts say they now expect falling sales through May, dashing prior hopes for a “spring inflection.”

The options market is sending a contrarian signal about oil prices

Also: How to use options around earnings to trade Nike’s stock, which has been down in the dumps for years.

Soccer superstar Kylian Mbappé on ending 20-year journey with Nike: 'It was time to change'

Soccer Champion Kylian Mbappé said he was ready for "change" after ending his association with Nike and entering a deal with Swiss sportswear brand On.

Mbappe leaves Nike, signs with On as Swiss sportswear maker forays into soccer

Nike parts ways with Kylian Mbappé; soccer superstar signs with On

Mbappe had been signed with Nike for roughly two decades, and his agreement with On is the first it has made with a soccer player.

Nike lost its blue-chip badge but not its swagger

On signs Mbappé as it preps entry into soccer

The superstar, who signed with Nike as a child, will help the Swiss sneaker brand do battle in a sport dominated by Nike and Adidas.

Soccer Star Mbappé Chooses On Holding Over Nike. What It Means for the Sportswear Stocks.

Jordan Brand debuts training equipment line

The brand is releasing a line of strength training products inspired by Michael Jordan, even as Nike says it is overindexed with its classic footwear franchises.

Nike eyes innovation with LVMH board pick

Alexandre Arnault, deputy CEO of Moët Hennessy, has “a reputation for helping iconic global brands evolve, innovate and grow,” Executive Chairman Mark Parker said.

Nike stock outlook: trading at 12-year lows with turnaround unlikely before 2027

Nike co-founder Phil Knight to donate $1.1 billion to Oregon medical center

The gift to Providence St. Vincent Medical Center will support the creation of an all-women’s hospital as well as advance cardiovascular care across Oregon.

Shifting Consumer Preferences Continue to Impact NKE and LULU

Consumers have continued to shift their preferences away from Nike and lululemon, with recent quarterly results not impressing investors. Can the companies ever regain their footing?

Nike shareholders reject climate proposal backed by Norway wealth fund

Lululemon pulls back store plans as sales plummet

Even sales of leggings fell 20% in Q2. Incoming CEO Heidi O’Neill, the former Nike exec who arrives next week, has her work cut out for her.

Dow Movers: NKE, HONIV

In early trading on Friday, shares of Honeywell International topped the list of the day's best performing Dow Jones Industrial Average components, trading up 7.5%. Year to date, Honeywell International registers a 42.2% gain. And the…