We came across a bearish thesis on NIKE, Inc. (NKE) on Substack by Kontra Investments. In this article, we will summarize the bears’ thesis on NKE. NIKE, Inc. (NKE)'s share was trading at $67.94 as of March 21st. NKE’s trailing and forward P/E were 22.57 and 28.17 respectively according to Yahoo Finance.
[caption id="attachment_1193512" align="aligncenter" width="768"]Nike has long been an undisputed leader in athletic apparel and footwear, but recent developments indicate growing vulnerabilities...
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