How Did Nike ($NKE) Stumble And Is There An Investment Case To Be Made?

$NKE stock has been absolutely destroyed recently and I want to examine why.

NKE 0.00%↑ is taking an absolute beating.

This is the type of stock that will show up on my radar when I look for undervalued stocks. A storied brand, a stable-looking business on the surface and a historical compounder.

However, there are big issues under the surface that need to be addressed by investors. Whether they are structural in nature or a discrepancy be…