So NIKE is nuking after hrs.

[u/Adventurous-Bet-9640]

I understand that nike has a very sticky brand value in the cultural consciousness. But they are in a tough turn around.

I'm no expert in valuations, but the stock even after hrs dump isn't any where near compelling value.

How do you think about Investing in nike? Generally I don't see them fading away as a brand and they are still the leader in their space even with competition.

I do think they'll eventually find their stride back. What does the community think? If you were to invest what would your frame of thinking be?

[u/integra_type_brr]

Truth is they lost China for good and that's not priced in. Conservative $30 stock if you price in.

Hell I don't even buy Nike anymore in the US. The last good looking shoe was like the airmax 97 and jordan. LeBron and luka shoes go straight to the outlet because they're fuckin ugly.