NKE
🏭 Nike faces significant headwinds as most of its production occurs in Vietnam and China, countries targeted by substantial new tariffs.
📉 The company’s stock experienced a sharp 14% decline on Thursday following the tariff announcements, highlighting market sensitivity.
🗣️ High volatility was observed, with the stock initially falling further on Friday before recovering slightly after Trump mentioned a ‘productive call’ with Vietnam.
@Invierteygana:
“The most affected are the companies from the United States that manufacture outside the country. An example is Nike, since the majority of its production is in Vietnam and China, countries that have received quite high tariffs, especially Vietnam. Nike fell 14% on Thursday, and on Friday it opened with declines, but Trump spoke on Friday of a productive call with Vietnam, and the stock started to rise. This is a sample of the high volatility we are experiencing and that we will probably have in the coming days.”
Watch the exact part of the video where @Invierteygana talks about Nike here:
Watch the video on YouTube
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