Nike’s Disappointing Report Weighs on Shares

Nike is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. The sneaker maker reported a drop in quarterly revenue and warned that sales could fall significantly in the current fiscal year, prompting a raft of Wall Street analysts to take a dimmer view of the company’s shares. Nike shares fall 17% to $77.36. Dow Jones & Co. owns Factiva.

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