Macro Finance
Wall Street’s Nike (NKE) Fandom at 25-Year Low as Bank of America Cuts to Sell
Bloomberg Markets·September 25, 2026·1 min read
Wall Street's enthusiasm for Nike Inc. has reached the lowest in at least 25 years as Bank of America Corp. cut its rating to sell, becoming the latest to sour on the troubled sportswear firm. The move reflects growing concerns over Nike's performance and outlook.
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