Nike shares plunge nearly 50% but one analyst predicts they could nearly double soon.

Nike stock down 41% YTD but shows strong seasonal gains in November historically.

Nike's stock has dropped 41% in 2026, trading far below its 52-week high. Despite weak sales and revenue declines, especially in Greater China, historical data shows Nike stock tends to gain in November, with average returns above 4% in past years. T...