Nikes shares plummeted Friday as investors grew wary about new CEO Elliott Hills turnaround plans after the struggling sneaker giant warned that sales could plunge by double digits.
On Thursday, the… [+3217 chars]
Nike shares plunge after sneaker giant warns sales could fall by double digits - New York Post
The sneaker giant has lost 5% of its value so far this year — following a 30% plunge in 2024.
By:Lisa Fickenscher
Source:New York Post
Published:
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