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Business
NKE, PEP, FRMI Stocks Drop to 52-Week Lows Last Week
✍️ Asianet Newsable
🗓 28 Sep 2026, 04:36 PM
👁 10
Shares of Nike, PepsiCo and Freddie Mac fell to their lowest points in a year last week, marking a sharp decline for the three stocks.
Shares of Nike (NKE), PepsiCo (PEP) and Freddie Mac (FRMI) experienced a significant decline last week, falling to their lowest levels in 52 weeks.
The dip was observed across all three stocks, indicating a broader market pullback affecting major U.S. equities.
Investors noted the 52‑week lows as a potential signal of increased volatility and a shift in market sentiment.
The decline came amid a broader sell‑off in the equity market, with other large‑cap stocks also witnessing downward pressure.
The dip was observed across all three stocks, indicating a broader market pullback affecting major U.S. equities.
Investors noted the 52‑week lows as a potential signal of increased volatility and a shift in market sentiment.
The decline came amid a broader sell‑off in the equity market, with other large‑cap stocks also witnessing downward pressure.