BEAVERTON, OR – September 13, 2026 (STL.News) — Nike Inc. shares have fallen to levels investors have not seen in roughly 12 years, wiping away hundreds of billions of dollars of market value from the athletic footwear giant’s peak. Yet there is something unusual about Nike’s decline. This is not a company fighting for survival. Nike generated approximately $46.4 billion in revenue during fiscal 2026, earned $3.1 billion in net income, finished the fiscal year with approximately $9 billion in cash, equivalents, and short-term investments, and returned approximately $2.5 billion to shareholders. Meanwhile, Nike stock recently traded below $37,
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