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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 pitches robotic sneakers and mind-altering mules
Nike pitches robotic sneakers and mind-altering mules

<p>Nike is no stranger to a unique footwear concept, be it <a target="_blank" class="link" href="https://www.engadget.com/2016-11-30-nike-hyperadapt-first-look.html&q [...]

Match Score: 346.41

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: 86.82

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: 58.90

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: 54.78

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: 46.92

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: 42.99

Private Internet Access VPN review: Both more and less than a budget VPN
Private Internet Access VPN review: Both more and less than a budget VPN

<p>I came into this review thinking of Private Internet Access (PIA) as one of the better VPNs. It's in the Kape Technologies portfolio, along with the top-tier ExpressVPN and the generally reli [...]

Match Score: 42.45

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: 41.57

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: 41.23