Why Is Nike Stock Falling on Monday?
Nike Inc. (NYSE: NKE) stock hits a new 52-week low of $39.41 on Monday, Aug. 17, 2026, driven down by weak revenue guidance from competitor On Holding AG.
Nike's stock price dropped to its lowest point in a year because a competitor said their shoe sales might be weaker than expected. When one company in an industry warns about trouble ahead, it can make investors worry about whether the whole shoe-selling business is slowing down.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.