👟 Nike's stock just hit its lowest level since September 2024 📉
Down over 4% to below $40, and now sitting ~78% off its 2021 all-time high — this slide is far from over 😬
What's dragging Nike down? 📍 Q4 revenue fell to $11.0B (down 4% currency-neutral) 📍 EPS "growth" was inflated by a one-time tariff benefit 📍 Flat earnings expected for the next 3 quarters 📍 Fierce competition from rising brands like On Holding ($ONON)
Even legend LeBron James is weighing in, urging Nike to "get back to the roots" and reconnect with its communities 🏀🔥
Wall Street's still mostly bullish… but the numbers keep saying otherwise 🤔
Can Nike turn things around, or is this swoosh stuck in a slump? 👇
👟 Nike's stock just hit its lowest level since September 2024 📉
Down over 4% to below $40, and now sitting ~78% off its 2021 all-time high — this slide is far from over 😬
What's dragging Nike down? 📍 Q4 revenue fell to $11.0B (down 4% currency-neutral) 📍 EPS "growth" was inflated by a one-time tariff benefit 📍 Flat earnings expected for the next 3 quarters 📍 Fierce competition from rising brands like On Holding ($ONON)
Even legend LeBron James is weighing in, urging Nike to "get back to the roots" and reconnect with its communities 🏀🔥
Wall Street's still mostly bullish… but the numbers keep saying otherwise 🤔
Can Nike turn things around, or is this swoosh stuck in a slump? 👇
Edgify, a London-based #edge#MLOps platform for physical #retail providing the AI infrastructure to protect against in-store loss, has raised €7.7 million in Series A+ #funding to accelerate the rollout of its platform. 🇬🇧 🛒🤖🛡️
Lune & Wild, a London-based baby and children’s food brand, has raised €2.3 million in a Series A funding round to scale #production and expand its #retail footprint. 🇬🇧 👶🥣
