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Nike Stock Lags S&P 500 Over 33 Years

Original: Nike Stock Lags S&P 500 Over 33 Years, Hits 12-Year Valuation Low

Nike shares have underperformed the S&P 500 over the past 33 years and have fallen to a 12-year low in valuation, according to market commentary circulating among investors. The figures point to a prolonged stretch of weak returns for the sportswear giant, once a stock market darling, and are fueling debate about whether the company's turnaround efforts can restore investor confidence.

Why now: Investors are reacting to striking data showing a storied blue-chip stock trading at its cheapest valuation in over a decade.

NikeS&P 500

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