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China Accounts Smaller Share In Nike Sales Compared To Pre-Pandemic Levels, But Tariff Pressure Still Persists: Analyst
Summary
Nike Inc. (NYSE:NKE) shares slid 12% since April tariff headlines, underperforming the S&P 500. Despite this, BofA maintains a Buy rating, citing manageable tariff risks and streamlined inventory supporting future growth. China remains key despite declining share.
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Read Full ArticleArticle published on April 25, 2025 by benzinga