Nike, a giant in crisis: its value drops by 30% in a year

On November 4, 2021 Nike’s shares reached their historical peak with a price of 179.10 dollars. At the end of this Friday its stock market value was below 64 dollars (less than 60 euros to the current change), which implies that in less than three and a half years the American firm has lost almost 65% of its capitalization. A collapse that attracts attention considering that it is one of the most recognized companies in the world. In the last ye…