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EconomyNike shares plunge 10% after weak revenue outlook and layoff plans

Nike shares plunged 10% in premarket trading, extending a second straight day of declines after the company reported falling revenue and plans to cut staff.

Nikesharesrevenue outlooklayoffs

CCNBC★★★☆☆2026-10-02 10:11Original

Nike shares plunge 10% after weak revenue outlook and layoff plans
Nike shares plunge 10% after weak revenue outlook and layoff plansEconomy