09 Nov, 2024

Nike Shares Plummet to 4-Year Low Amid Slowing Sales and Rising Competition

Nike Shares Plummet to 4-Year Low Amid Slowing Sales and Rising Competition Nike’s stock suffered a major blow on Friday, plunging nearly 20% to its lowest point in over four years. The sneaker giant’s shares dropped 19.2% by 11 a.m. EDT, marking its steepest single-day decline since 2001 and the second-worst in the company’s 44-year […]

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