{
  "id": 9841185,
  "title": "Stock Market Today, Sept. 25: Nike Downgraded by Bank of America, Shares Flat",
  "url": "https://urgent.news/2026/09/25/stock-market-today-sept-25-nike-downgraded-by-bank-of-america-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T20:54:33.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/stock-market-today/2026/09/25/stock-market-today-sept-25-nike-downgraded-by-bank-of-america-shares-flat/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "On September 25, Nike's stock experienced a slight decline, closing at $35.75, down 0.67%. Bank of America, the downgrading institution, also lowered their price target for NIKE shares from $47 to $30. The lower price target was disclosed on Friday, but the stock's performance remained relatively stagnant. Nike's shares were trading at $35.75, showing little movement despite the downgrade. The company's shares saw a trading volume of 34.2 million shares, which was 23% higher than the three-month average of 27.8 million shares. The broader market was on an upward trajectory, with the S&P 500 rising 0.49% to 7,742, and the Nasdaq Composite up 0.48% to 27,069. Other major players in the athletic footwear, apparel, equipment, and accessories sector, such as lululemon athletica and Under Armour, also experienced mixed results. lululemon athletica closed at $101.30, down 0.33%, while Under Armour closed at $4.42, down 1.67%. While Nike faced a downgrade from Bank of America, the overall stock market and other competitors demonstrated varied performances in the financial sector. Over the past five years, NKE stock has witnessed a significant decline, losing nearly three-quarters of its value.",
  "summary": "On Sept. 25, 2026, the analyst firm slashed its price target to $30 from $47, citing weak wholesale momentum and China sales challenges.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Stock Market Today, Sept. 25: Nike Downgraded by Bank of America, Shares Flat",
        "url": "https://urgent.news/2026/09/25/stock-market-today-sept-25-nike-downgraded-by-bank-of-america-shares-9842142",
        "published": "2026-09-25T21:14:33.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}