Nike stock plunges on surprise forecast of drop in sales - Al Jazeera English

It was the worst day ever for the stock with losses wiping out $28.4bn from Nike’s market valuation.

By: Al Jazeera English

Jun 30 2024
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Nikes stock has plunged as a forecast for a surprise drop in annual sales amplified investor concerns about the pace of the sportswear giants efforts to stem market share losses to upstart brands suc… [+3178 chars]

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