Nike is all over social media. And not for good reasons - the stock is down 76% over the past 5 years.
Even being a long-term holder hasn’t saved you - it’s down more than 31% in the past decade.
Of course, fingers are being pointed all over the place. Some claim management destroyed the brand: Some people blame it on competition, declining quality, or Nike getting greedy with high-end, limited releases. But as the saying goes, when you point one finger, three more are pointing back at you. Let me tell you why Nike is really down, and why investors should be looking to blame themselves. |