This is what happens when quarterly earnings don’t resonate with Wall Street. Nike stock options doled out the past few years continue to be under water or barely at the surface. For those that receive as part of their compensation, the stock looks like it will continue to trade down or sideways for many months to come. Unfortunate. But this is what happens when poor leadership is leading and product looks terrible.
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"Nike stock having its worst day in 26 years." ... no, worst day since Sept 2022. https://www.forbes.com/sites/dereksaul/2023/12/22/nike-stocks-11-reversal-leads-retail-rout/
To the poster who writes, “You picked options the last fast years…”, has zero understanding of how the options are awarded and the vesting requirements. What a d-mb and/or ignorant response.
Prolly the exec team will re-write their options down so they make money even though they have totally failed. As though the suddenly realized they need innovation. They have nothing to add to this company. Needs to go.
You picked options over the past few years, that’s your own fault. You should know how evaluations work in the stock market. Even as we speak, we’re still overvalued.
And yet the board does nothing about JD.. it borders on criminal.