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Why Is Nike Stock Falling on Friday?
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- Published
- Sep 25, 2026, 3:31 PM UTC
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Nike stock hit a 10-year low after BofA's Sell downgrade and $30 target, as China sales fall and adidas gains ground on Elliott Hill's turnaround.
Bank of America analyst Lorraine Hutchinson cut Nike shares this week on an "underperform" rating of the stock.