Nike shares tumble after surprise sales drop forecast
Ana Maria Rus
Nike's forecast of a surprise drop in fourth-quarter sales sent its shares down more than 9% in extended trading, as persistent weakness in China and slow progress in clearing older inventory hamper turnaround efforts. #nike #china #business #News #Reuters #Newsfeed Read the story here: https://reut.rs/41BiXhI 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow
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