Business
Jun 28, 2024, 8:21 PM
Jun 28, 2024, 5:07 PM
The TelegraphForbes

Nike stock is tanking by 20% to a four-year low

Nike American athletic equipment company
Forbes
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Source
Nike Stock Tanks 20% To 4-Year Low: Why The Sneaker Giant’s Struggling

Nike stock is having its worst day since 2001 and its second-worst day since its 1980 IPO.

The Telegraph
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Source
Nike valuation plummets by $20bn

Nike shares have plunged by the most in 23 years amid doubts about demand for its casual shoes.

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