Nike stock is falling today. What the footwear brand said that has investors worried about the rest of 2026
Nike is attempting to turn things around, but it could be a long road to success. The athletics company closed out March with the release of its latest earnings. The fiscal 2026 third-quarter report brought mixed progress, leading to a more than 10% drop in shares of Nike Inc (NYSE: NKE) after hours on Tuesday and into premarket on Wednesday. Nike stock was already down more than 16% year to date, compared to a more modest decline of 4.8% for the broader S&P 500 index. The earning...
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