Actionable news
All posts from Actionable news
Actionable news in SKX: SKECHERS U.S.A. Inc,

Nike downgraded as competitive pressure mounts in Europe

Shares of Nike Inc. NKE, -2.66% took a nearly 2% slide after being downgraded to neutral from overweight at Piper Jaffray. Analysts at Piper Jaffray, led by Erinn Murphy, wrote in a note to clients the resurgence of Adidas ADS, -1.44% has taken a toll on Nike's growth rate in Germany, the U.K. and France. "Adidas' strength is undisputed in the market with the...