NIKE (NKE) stocks have been in the spotlight recently due to a flurry of activities. Telsey Advisory Group has rated it as 'Market Perform'. However, the stock showed a -0.95% movement, stirring investor curiosity. An announced partnership with Kim Kardashian's SKIMS boosted the stock, yet market experts predict more headwinds. The stock holding landscape saw significant movement with numerous firms either increasing or decreasing their positions in NIKE. Notably, Private Advisor Group purchased 7,398 shares of NKE, while diverse entities like Ieq Capital, Transcend Capital Advisors, and Alberta Investment Management Corp grew their holdings. Still, the stock position was decreased by insiders like NKE's Chairman and several investment firms. Amidst overall market rise, some experts questioned whether NKE is the most oversold S&P 500 stock in 2024. Unpredictability surrounding China tariffs impacting footwear stocks and NKE's recent fall below critical moving averages added to the uncertainty. Despite the challenges, Bill Ackman’s Pershing Square has increased its NKE stake. Lastly, NKE dividends exhibited growth, and NKE's solid financial health got highlighted by analysts. Lastly, NIKE's collaboration with Kim Kardashian's SKIMS is seen as a significant step toward fitness fashion.
Nike Stocks NKE News Analytics from Fri, 27 Dec 2024 08:00:00 GMT to Sat, 22 Feb 2025 22:27:47 GMT - Rating 4 - Innovation -3 - Information 6 - Rumor -1