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Nike stock declines 20%, biggest fall in 13 years; What led to the plunge? | Stock Market News
Livemint· 2 days agoThe shares plunged 20 per cent on Friday's trading session at 11:57 a.m. This was Nike's biggest...
Nike Shareholder Files Class Action Over Brand’s Lackluster DTC Sales Strategy
Sourcing Journal· 6 days agoThe plaintiff said Nike misled shareholders by concealing the failures of its years-long pivot away...
Nike reports 12% increase in net income for fiscal 2024
Retail Insight Network· 3 days agoThe company’s revenues dipped by 2% to $12.60bn over the quarter, but gross profit for the quarter...
Nike stock plunges as gloomy sales forecast fans growth concerns
The Economic Times· 2 days agoNike's stock slumped 20% on Friday as a forecast for a surprise drop in annual sales amplified...
Nike shares tumble after warning that the sales slump is getting worse - CNBC TV18
CNBC TV18· 3 days agoNike Inc. shares fell after the world’s largest sportswear company issued a full-year outlook that missed expectations, reinforcing investor concerns about waning demand for the brand’s sneakers ...
Nike shares tumble on tepid outlook as CEO eyes Olympics marketing win - ET BrandEquity
The Economic Times· 3 days agoNike reported higher profits due to cost-cutting efforts Thursday, but shares fell sharply on the...