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Economy11:46 AM ET

Nike shares tumble 6% on dismal revenue forecast, layoff plans as sneaker giant loses shine

It was the second straight day of declines for Nike, putting the sneaker brand’s stock down more than 48% so far this year.

Republican Ledger staff · 11:46 AM ET

Nike shares tumble 6% on dismal revenue forecast, layoff plans as sneaker giant loses shine
The Republican Ledger

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It was the second straight day of declines for Nike, putting the sneaker brand’s stock down more than 48% so far this year.

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