Nike shares ($NKE (-0,48 %)) are currently showing signs of recovery - thanks to a new partnership with Kim Kardashian's fashion label Slims! Shares in the sporting goods giant climbed by 5.1% to 76.78 dollars within a short space of time. 🚀
After a bumpy start to 2025, where the share price reached its lowest level since March 2020, there is now light at the end of the tunnel. Analysts see the collaboration with Kardashian, who is launching a new fitness brand for women, as a promising step.
Did you know that Nike struggled with a decline in sales in 2024 and shocked investors with a gloomy outlook? 😲 The share had lost over 30 % last year. Do you think the collaboration with Kardashian will provide enough momentum to stabilize the share price in the long term? Discuss with us!
