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The Future of Nike: Overcoming Challenges and Finding Growth in 2023

Nike Looking to Bounceback This 2023

Nike (NKE) failed to hit a slam dunk last year. The stock of the world’s largest manufacturer of athletic equipment fell over 30%. Can we blame the performance on the bear market? Maybe a little. True, some investors shunned stocks related to consumer spending. However, the fundamental cause for Nike’s decrease was that economic issues…