welcome
The Motley Fool

The Motley Fool

Business

Business & Economics

Why Nike Stock Plummeted 15% Earlier This Week -- but Is Now Rebounding

The Motley Fool
Summary
Nutrition label

68% Informative

Shares of Nike ( NYSE : NKE ) dropped 15% earlier this week but have recovered some of these losses as of noon ET on Friday .

Nike initially declined on Thursday after the president's tariffs targeted three countries responsible for the majority of the company's manufacturing.

Vietnam stated it wanted to make a deal with the United States to get its tariffs back down to 0% .

VR Score

54

Informative language

47

Neutral language

8

Article tone

formal

Language

English

Language complexity

43

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links

Small business owner?

Otherweb launches Autoblogger—a revolutionary way to bring more leads to any small business, using the power of AI.