NKE
📉 Nike’s stock price experienced a significant drop of around 11-12% following the tariff announcement.
🇻🇳 A substantial 60% of Nike’s products are manufactured in Vietnam, exposing the company significantly to the new tariffs.
💸 The tariffs are expected to severely damage Nike’s margins, potentially causing an 80% decline in its U.S. operating profit.
@InvertirdesdeCero:
“Nike, which today is down about 11-12%, manufactures 60% of its products in Vietnam, among other countries, but 60% comes from there. Margins are expected to be destroyed; specifically, the result in operating terms will mean an 80% drop in profit in the United States.”
Watch the exact part of the video where @InvertirdesdeCero talks about Nike, Inc. here:
Watch the video on YouTube
Read more articles analyzing Nike, Inc. (NKE) at the provided link. NKE stock.
