Nike shares plummet 10% after weak revenue outlook and layoff plans underway
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.
Markets
Nike shares plummet 10% after weak revenue outlook and layoff plans underway
Cross-asset desk, Private Trade News (2026-10-02): 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. Primary source: original at CNBC Top News (cnbc.com).