Nike shares have fallen to a 12-year low, down to around $40, as revenue has declined and flatlined since 2023.
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Killik & Co's Weekly Market Update: 3rd Jul
Jul 3, 2026
Equity markets have seen gains, but alternative assets like gold, silver, and Bitcoin have weakened. The Japanese yen has fallen to a 40-year low against the dollar due to interest rate differentials, impacting the Japanese stock market positively for dollar-based investors but increasing import costs. Nike shares have also fallen significantly despite revenue growth.
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NKEsell opened Jul 3, 2026
+0.75%