MarketPulse

China market weakness

2 articles
The Motley FoolThe Motley Fool··Keith Noonan

Nike Plunges 15% on Bleak Guidance Despite Earnings Beat

Nike stock crashed 15.1% after weak forward guidance, with Q4 sales expected to decline 2-4% and Greater China revenue dropping 20%.
NKEstock declineforward guidance
The Motley FoolThe Motley Fool··Daniel Sparks

Nike Plunges Below $50: Bargain Play or Turnaround Risk?

Nike stock plunges below $50 after weak Q3 earnings, but strong cash position and recovery signs in wholesale offer potential value for patient investors waiting for CEO turnaround strategy.
NKELULUdividend yieldbalance sheet strength