Nike Lost China to Local Brands, Now It’s Trying to Think Like One

11 Of 11 Sectors Fall In Tuesday Trading As Leaders Move Together

All 11 sectors are lower in Tuesday's regular session, with Financials, Consumer Staples and Consumer Discretionary at the top of the table. The leaders are clustered rather than separated, with the first three sectors grouped within a narrow range of performance.

Cantor Fitzgerald Initiates Coverage On Nike with Neutral Rating, Announces Price Target of $38

Cantor Fitzgerald Initiates Coverage of Nike with Neutral Rating

Cantor Fitzgerald has initiated coverage on Nike, Inc. with a Neutral rating and a price target of $38.

Here's How Many Shares of Nike You Would Need for $1,000 in Yearly Dividends

Nike has increased its dividend for 24 consecutive years with a current yield of 4.2%, requiring approximately 610 shares (costing ~$23,539) to generate $1,000 in annual dividends. However, the stock has declined 38% in 2026 due to weak sales, particularly in China, and the author cautions that uncertainty around future stock price performance makes Nike too risky to rely on primarily as an income stock.

Nike Appoints Dan McKenzie as Chief Accounting Officer

Nike has appointed Dan McKenzie as vice president, chief accounting officer, and principal accounting officer, succeeding David Denton.

Nike Appoints Dan McKenzie Chief Accounting Officer, Effective Immediately