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Nike stock soars 16% as the CEO says its big turnaround 'can only go up from here'

The stock rally comes despite Nike reporting its worst sales drop in five years. But that beat Wall Street’s estimate for an even steeper decline

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Nike's turnaround is starting to work, thanks to sports
Nike's turnaround is starting to work, thanks to sports

<img class="type:primaryImage" src="https://i.kinja-img.com/image/upload/c_fit,q_80,w_636/3f970a3a785926e950e8d1fe6495f0f0.jpg"/><p>Nike’s (<a class="sc-1out3 [...]

Match Score: 92.82

qz
Nike just took its worst earnings hit yet from its big turnaround plan

Elliott Hill, a long-time Nike executive who returned to the company as CEO late last year, said Nike's results “are not where we want them to be” [...]

Match Score: 62.86

Nike and Hyperice to release the Hyperboot warm-up footwear for athletes on May 17
Nike and Hyperice to release the Hyperboot warm-up footwear for athletes on

<p>Nike has teamed up with Hyperice, a company that specializes in products meant for muscle recovery and relaxation in athletes, to launch the Hyperboot. Originally introduced in the summer of [...]

Match Score: 59.26

ExpressVPN review 2025: Fast speeds and a low learning curve
ExpressVPN review 2025: Fast speeds and a low learning curve

<p><a href="https://www.engadget.com/vpn-review-expressvpn-2023-gaming-streaming-160052492.html" data-autolinker-wiki-id="ExpressVPN" data-original-link="">Ex [...]

Match Score: 54.17

Nike stock is rising amid a sea of red. Here's why
Nike stock is rising amid a sea of red. Here's why

<img class="type:primaryImage" src="https://i.kinja-img.com/image/upload/c_fit,q_80,w_636/b8e43f6705586d6ae6b0d943a9ac626c.jpg"/><p>Nike’s stock climbed 4.5% on Frida [...]

Match Score: 50.47

Surfshark VPN review: A fast VPN for casual users
Surfshark VPN review: A fast VPN for casual users

<p>Surfshark is one of the youngest major VPNs, but it's grown rapidly over the last seven years. Since 2018, it's expanded its network to 100 countries, added a suite of apps to its Surfshark O [...]

Match Score: 45.33

Nike's stock is sinking as it braces for Trump's tariffs
Nike's stock is sinking as it braces for Trump's tariffs

<img class="type:primaryImage" src="https://i.kinja-img.com/image/upload/c_fit,q_80,w_636/727811a0111f143f7e98ae9cf91e077a.jpg"/><p>Nike’s (<a class="sc-1out3 [...]

Match Score: 44.79

Nvidia, Micron, Nike, Nio, Carnival, FedEx: Stocks to watch
Nvidia, Micron, Nike, Nio, Carnival, FedEx: Stocks to watch

<img class="type:primaryImage" src="https://i.kinja-img.com/image/upload/c_fit,q_80,w_636/8ac5329e99588012cfe2a29216a2ac70.jpg"/><p>Stocks fell in premarket trading tod [...]

Match Score: 44.31

Tesla stock soars as Elon Musk's time at DOGE comes to an end
Tesla stock soars as Elon Musk's time at DOGE comes to an end

<img class="type:primaryImage" src="https://i.kinja-img.com/image/upload/c_fit,q_80,w_636/f056a78f11dbe34916c70bc891176bd2.jpg"/><p>Despite taking a hit earlier in the [...]

Match Score: 42.72