Nike stock sinks as revenue misses estimates, expects to cut jobs

Business

Nike Stock Sinks As Revenue Misses Estimates, Expects To Cut Jobs

By Yahoo Finance

What happened: Nike (NKE) stock fell as much as 6% in after-hours trading on Thursday after posting its fiscal first quarter results and announcing operational changes, which will include layoffs. What's behind the move: Nike posted fiscal first quar ...Read more

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