Shares of $NKE+6.8% are up 6% today after Nike said its former CEO will return to the company. That's good news, but the company hasn't been doing well and the stock has been down for a long time.
I previously had $NKE+6.8% stock in my portfolio and sold it fairly quickly, which was a good decision. I would not buy their stock again.
What's your take on $NKE+6.8%?
Nike
NKEOpen $87.87
Day range $84.80 - $88.00
52 week range $70.75 - $123.39