Nike Stock: Explaining The Selloff And Why It’s A Buy (NYSE:NKE)

Nike To Lay Off 2 Percent Of Global Workforce Amid Drop In Sales

Drew Angerer

Investment Thesis

Nike (NYSE:NKE) is the largest apparel company in the world, with leading positions across different categories and regions. The company is currently facing challenges such as elevated inventory levels, inflationary pressure, and slow growth in China. Such issues have resulted in the

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