Nike stock

Nike Is A Cash Machine: So Why Is The Stock Down 40% YTD? (NYSE:NKE) || Nike stock is tightly tied with the fortunes of the global middle class and now appears to be approaching fair value. Read why, in the long run, NKE will keep making lots of money. https://seekingalpha.com/article/4543115-nike-is-a-cash-machine-so-why-is-the-stock-down-40-percent-ytd?source=feed_all_articles

Nike is looking to make the purchasing experience a little easier for customers with the

American apparel and footwear brand Nike has decided to permanently exit the Russian market. The company has suspended the operations of its e-commerce website as well as the mobile application in Russia and has announced that it will not open its stores again. The brand had announced its temporary exit from Russia in March after it attacked Ukraine.

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It's the biggest sportswear company in the world. Nike was founded in 1971 by Phil Knight and Bill Bowerman. Based out of Beaverton, Ore., the company is also parent to sunsidiaries the Jordan Brand, Converse, and Hurley.