Nike’s stock has fallen for a second consecutive day, continuing a sharp decline that has cut its value by nearly half this year alone. The downward trend underscores growing investor concerns over the company’s performance amid broader market pressures. Analysts are closely watching whether the brand can reverse its momentum or if further losses could follow. The steep drop highlights how even industry leaders face volatility in today’s unpredictable economic climate.
It was the second straight day of declines for Nike, putting the sneaker brand’s stock down more than 48% so far this year.
