Nike shares plummet 10% after weak revenue outlook and layoff plans underway

FundingWire newsroom brief · 2h ago · 1 min read · via cnbc.com

Nike's shares plummeted in premarket trading, continuing a second straight day of declines after it reported falling revenue and plans to lay off staff.

Nike's shares plummeted in premarket trading, continuing a second straight day of declines after it reported falling revenue and plans to lay off staff. This story matters for Finance & Markets readers tracking finance. Reported by cnbc.com. Read the full original at the source link below.

Originally reported by cnbc.com. FundingWire curates and briefs the finance & markets stories that matter. Our editorial policy →
Get the daily finance & markets signal:

More from FundingWire

Across the eCorp newsroom network

Part of the eCorp network