Markets
Nike Sinks to 12-Year Low as Turnaround Efforts Falter
Nike shares plunge to lowest close since 2014, down 38% YTD. Weak demand in China and macro headwinds weigh on outlook. Investors question pace of turnaround under new leadership. A Brutal Session for the Swoosh Nike Inc. tumbled 3.2% to…
By Lila Merrick