Billionaire Michael Jordan Becomes Nike’s Guardian Angel with Historic $7 Billion Deal
Nike ranks as the 99th most valuable company in the world, boasting a market cap of $143.01 billion. Yet, this impressive valuation doesn’t always translate to soaring profits. In fact, over the past three months, Nike pulled in $12.6 billion in revenue-a slight dip of 2%. As the company looks toward the fourth quarter, expectations remain cautiously modest