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Nike: Bull vs. Bear
NKENIKE(NKE) The Motley Fool·2024-09-27 11:30

The shoe company has a world-class brand, but its recent struggles have left it stagnant.Nike (NKE 1.58%) has spent decades building one of the most recognizable brands globally. It's one of the leading sneaker and apparel companies and has worked its way to a market capitalization of over 130billion.UnfortunatelyforNikeanditsshareholders,though,itsmarketcapwasonceover130 billion. Unfortunately for Nike and its shareholders, though, its market cap was once over 280 billion.Nike has had its fair share of struggles over the past few years, that's for sure. But that doesn't mean all hop ...