I'm concerned about Nike's stock performance, which has been declining since November 2021. Here are a few points to consider:
Post-COVID Decline: The stock has been trending downward despite the post-COVID recovery.
Relocation from Vietnam to the US: This move could lead to higher costs and supply chain disruptions.
Lower Margins: Analysts are discussing reduced profit margins, possibly due to relocation costs and inflation.
What are your thoughts on these issues? Are they temporary or structural? I'd appreciate your insights and predictions for Nike's stock in the short and medium term.
Thanks!