Nike stock tumbles as investors worry about a turnaround ...Middle East

Quartz - Economy
Nike stock tumbles as investors worry about a turnaround
source : Quartz ( Middle East ) () 126
Nike’s (NKE) shares dropped 8% during early trading hours on Wednesday after the company withdrew its full-year guidance and postponed its investor day. The moves created uncertainty among investors on the company’s turnaround efforts under incoming CEO Elliott Hill, who takes over on October 14. Read more...

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