Nike Shares Drop Amid China Sales Slump and Profit Concerns
TL;DR
Nike's shares have dropped significantly due to weak sales in China, raising concerns about the company's recovery prospects.
- Nike shares fall sharply as weak China sales dent faith in turnaround Financial Times
- Nike shares fall 10% as China sales plunge, tariffs hit profits CNBC
- Nike’s Struggles Continue, but Turnaround Plan May Be Working The New York Times
- Nike (NKE) Surprises Wall Street With Jump in Quarterly Revenue Bloomberg.com
- Why Nike Stock Is Plunging in After-Hours Trading The Motley Fool
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