Why Nike crashed ? and will be go up again ?

Nike's stock crash can be attributed to several factors:

1. Disappointing Financial Results: Nike's financial results for the fiscal third quarter of 2024 fell short of management's expectations. Despite higher prices, revenue growth was less than 1% year over year. This miss in revenue growth and a slight decrease in earnings per share compared to the previous year likely contributed to the stock's decline.

2. Market Reaction to Earnings: The market's reaction to Nike's earnings report, particularly the miss in revenue growth and earnings per share, likely influenced the stock's decline. Investors may have been disappointed with the company's performance, leading to a sell-off of Nike shares.

3. Broader Market Conditions: It's important to consider the overall market conditions when analyzing a stock's performance. If there was a broader market downturn or negative sentiment towards the retail sector, it could have contributed to Nike's stock decline.

In conclusion, Nike's stock crash can be attributed to a combination of factors, including disappointing financial results, the market's reaction to those results, and broader market conditions.