Nike shares plunge after sneaker giant warns sales could fall by double digits

Business

Nike Shares Plunge After Sneaker Giant Warns Sales Could Fall By Double Digits

By New York Post

Nike’s shares plummeted Friday as investors grew wary about new CEO Elliott Hill’s turnaround plans after the struggling sneaker giant warned that sales could plunge by double digits. On Thursday, the company reported a 9% sales decline during the al ...Read more