According to The Kobeissi Letter, Nike shares ($NKE) have fallen by 14% to their lowest level since October 2017 due to U.S. tariffs impacting their operations in Vietnam, where Nike employs over 530,000 people. This significant decline presents a critical challenge for traders considering Nike's stock, as these tariffs could affect production costs and supply chain efficiency, potentially influencing future price movements.

According to The Kobeissi Letter, Nike shares (NKE) have plummeted by 14%, reaching the lowest level since October 2017. This decline is attributed to the recent 46% tariff imposed by the US on Vietnam, where Nike employs over 530,000 workers. This situation poses a significant challenge for Nike, impacting their production costs and potentially affecting their market position.

According to The Kobeissi Letter, Nike's stock is experiencing significant declines due to a new 46% tariff imposed by President Trump on Vietnam. The impact is particularly severe as Nike employs 450,000 people and operates 130 factories in Vietnam. The stock has fallen over 70% from its all-time high, making it a critical point of concern for traders.

According to The Kobeissi Letter, Nike's stock is under significant pressure due to a new 46% tariff imposed by President Trump on Vietnam, where Nike employs 450,000 people and operates 130 factories. The stock price is currently more than 70% below its all-time high, indicating potential trading volatility.

According to The Kobeissi Letter, Nike stock ($NKE) has fallen to its lowest level since March 2020 due to concerns over slowing consumer spending. This decline suggests potential bearish sentiment among traders, as reduced consumer spending could negatively impact Nike's sales and revenue. Investors should monitor consumer spending trends closely to assess future movements in Nike's stock price.