Nike Stock at Decade Low as Insider Buying Signals Possible Bottom

TLDR: Nike stock has fallen 76% from its 2021 all-time high of $179.10, now trading between $42 and $46 per share.  China sales are projected to drop 20% as local brands like Li-Ning capture the mid-to-high-tier footwear market.  Converse recorded a 35% revenue plunge, reflecting Nike’s broader loss of relevance in lifestyle and streetwear segments.  [...]

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