Nike Stock Declines 77% Over Five Years, Turnaround Underway

• Nike's stock price has declined by 77% over the last five years.
• During the same period, the S&P 500 has increased by 67%.
• Nike is currently in the midst of a turnaround phase.
• The company faces challenges that are taking longer to overcome than expected.
• Despite the decline, there are positive signs of recovery.