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sportswear

1 article

Nike Stock Crashes 10% on China Collapse, Weak Outlook; Citi Unmoved
U.S. Equities1h ago
Nike Stock Crashes 10% on China Collapse, Weak Outlook; Citi Unmoved
Nike reported a 4 percent Q1 revenue decline and $2.5 billion cost-cutting plan, but Wall Street sees limited upside despite deep discounts on the stock.