Nike Projects a Decline in Sales. Its Stock Is Getting Hammered.

Nike Projects a Decline in Sales. Its Stock Is Getting Hammered. Stocks Finish Rough Month on a High Note Can the Stock Market Rebound? Hiring Fell To Lockdown Levels Ahead Of Iran War Gas Prices Cross $4 for the First Time Since 2022 Top Stories Weak sales in China have offset gains in North America for Nike. Costfoto / NurPhoto / Getty Images Close Key Takeaways Nike's stock is tumbling on signs of stumbling blocks in the company's turnaround. Shares of Nike (NKE) were recently down 9% in extende ...