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This S&P 500 Stock Is Down 68%: Should You Buy It Now and Hold for 20 Years?
NKENIKE(NKE) The Motley Fool·2025-04-28 02:55

Because of how well it represents the performance of the overall stock market, investors seem to always have their eyes on the S&P 500 index. This benchmark contains some of the largest and most profitable companies in the U.S. Despite its solid long-term track record, it has been under pressure in the past couple months due to economic worries.Some businesses in the S&P 500 have fared a lot worse. In fact, there's a consumer discretionary stock that's a tear-jerking 68% below its record (as of April 22). C ...