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Nike stock is down close to 25% this year.
In this video, I will talk about Nike's (NKE -0.68%) recent earnings report and why billionaire investor Bill Ackman bought the stock. Check out the short video to learn more, consider subscribing, and click the special offer link below.
*Stock prices used were from the trading day of Oct. 7, 2024. The video was published on Oct. 8, 2024.
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nike. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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