Nike stock price forms triple bottom as Adidas golden cross nears

Nike (NYSE: NKE) stock price has diverged from that of Adidas in the past few months. Nike’s shares are hovering near the lowest level since September 2023. It has slipped by over 26% from its highest level in 2023 and 45% from its 2022 highs. Adidas, on the other hand, has recovered sharply in the […]