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24.04.2025 13:01:00

These Were the 3 Worst-Performing Stocks in the Dow Jones Industrial Average in March 2025

The Dow Jones Industrial Average (DJINDICES: ^DJI) index started to crack in March, falling 4.2%, with 73% of its 30 blue chip stocks ending the month in the red. Nike (NYSE: NKE), Walt Disney (NYSE: DIS), and Nvidia (NASDAQ: NVDA) were the worst-performing Dow stocks in March, and they've fallen further this month.Nike stock plunged 20.1% to multiyear lows in March after reporting a 9% and 30% drop in revenue and earnings per share (EPS), respectively, for its 2025 fiscal third quarter, which ended Feb. 28, 2025. Sales fell the sharpest at 17% in China, and Nike's gross margin slipped to 41.5% from 44.8% as it doled out discounts to clear old inventory.Nike expects its current-quarter revenue to drop by a mid-teens percentage, but tariffs pose a new threat. In fiscal 2024, 50%, 27%, and 18% of Nike's namesake brand footwear were produced in Vietnam, Indonesia and China, respectively, so having to pay more to import goods from those countries to the U.S. could hurt Nike.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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