Nike shares hit 11-year low as turnaround doubts deepen — Live Feedhttps://www.live-feeds.com/feed/nike-shares-hit-11-year-low-as-turnaround-doubts-deepenContinuously updated, source-cited coverage. Nike shares drop to multi-year lows amid turnaround skepticismhttps://www.live-feeds.com/feed/nike-shares-hit-11-year-low-as-turnaround-doubts-deepenhttps://www.live-feeds.com/feed/nike-shares-hit-11-year-low-as-turnaround-doubts-deepen#u45020Wed, 19 Aug 2026 01:30:15 +0000Nike stock has plummeted to levels not seen in over a decade as investors question the company's ability to execute a turnaround. Recent declines include a 3% drop to a new 52-week low, driven by economic weakness in China that has offset gains in wholesale markets. While some analysts argue the market is underestimating the potential for recovery, the overall stock trajectory remains downward.Why it mattersNike is struggling to regain its market position against competitors. The tension between wholesale rebounds and regional failures in China highlights the volatility of its global stra