Nike Stock Falls After Warning Sales Could Take a Hit From Turnaround Plan, New Tariffs

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Nike Stock Falls After Warning Sales Could Take A Hit From Turnaround Plan, New Tariffs

By Investopedia

Nike (NKE) shares fell in extended trading Thursday after the athletic apparel giant warned sales could take a hit in the current quarter under the company’s turnaround plan, with new tariffs adding to uncertainty. Nike CFO Matt Friend told investors ...Read more