As a result, the stock was down 5.3% as of noon ET. Image source: Getty Images. In the period, which ended Feb. 28, Nike's revenue fell ... including Dunks, in the fiscal fourth quarter, and ...

Nike Inc.’s stock fell sharply Friday ... its classic lifestyle sneakers — like Air Force 1s, Air Jordan 1s and Dunks — could tarnish its image as it tries to clear the way for newer ...

Nike stock is in a bearish downtrend, down 30% in past year. Oversold conditions may spark a short-lived bounce, but weak fundamentals suggest waiting for a clearer buying opportunity.