Trending: Nike's Disappointing Report Weighs on Shares
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Dow Jones
10:18 ET -- 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. (colin.kellaher@wsj.com)
(END) Dow Jones Newswires
June 28, 2024 10:34 ET (14:34 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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