It was the worst day ever for the stock with losses wiping out $28.4bn from Nike's market valuation.
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Nike’s stock has plunged as a forecast for a surprise drop in annual sales amplified investor concerns about the pace of the sportswear giant’s efforts to stem market share losses to upstart brands such as On and Hoka. It was the worst day ever for the stock, which slumped 20 percent on Friday, with the […]
It was the worst day ever for the stock with losses wiping out $28.4bn from Nike's market valuation.
Nike shares sank after the world’s largest sportswear company issued a full-year outlook that missed expectations, reinforcing investor concerns...
Nike Inc. (NYSE: NKE), the world’s largest sportswear company, has announced a gloomy outlook for its current fiscal year, projecting The post Nike...
The world’s largest sportswear company issued a full-year outlook that missed expectations, reinforcing investor concerns about waning demand for...
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