In November of 2021, nike stock traded at nearly $170 per share. Five years later and the stock is trading consistently sideways in the low $60’s, with no end in sight. Despite leadership purchases, leadership changes, constant layoffs, reorg’s, buy backs and a retail / wholesale reset, nike is one of the worst performing stocks out there. Today it’s trading at $59 and may go lower. A nearly %280 drop in valuation. Unbelievable.
13 replies (most recent on top)
Nike went from top 100 SP500 company to bottom... They must be like in the 300-400 now. We sued to be 52# spot...
Nike doesn't look are other companies. We are a growth companies. Admin remove that post on other company performance
Adidas stock is down 56% from its peak in 2021
Lulu stock is down 66% from its peak in 2023
Under Armour is down 74% from its peak in 2021.
Puma is down 82% from its peak in 2021.
Deckers Outdoor (Hoka) is down 50% from its peak in 2025
On Holding is down 31% from its peak in 2025.
@dz Probably because it's a 64% drop, not a 280% drop
@b7 explain yourself. What is it that you disagree with? Poster stated the stock was trading at 170 several years back and now is at 59. What don’t you understand?
OP is stupid.
I am a hard left supports (AOC all the way); but I do love the Trump math.
So much hate from the left. I hope you find a way to become well.
Did you mean $280 Billion instead of %280? Inflation adjusted value loss from ATH to today is in this range. Not sure if you corrected for dividend reinvestment.
@ac
don't worry
the market isn't real either
this is what happens when too many people plunder a fiat financial system
Stocks can go lower than 100%. You need to use Trump Math.
Plus we don't care about facts anymore.
3rd, now we know why the real reason why the stock is down
1st, Mathematically it’s impossible for a stock to drop greater than 100%.
2nd, this tells us a lot about the quality of brains working at Nike