Nike shares are trading lower as the company hits a 12-year low. Continued weakness may be a result of sympathy with On Holding's recently reported Q2 sales miss and a JPMorgan downgrade earlier this month.
Nike shares are trading lower as the company hits a 12-year low. Continued weakness may be a result of sympathy with On Holding's recently reported Q2 sales miss and a JPMorgan downgrade earlier this month.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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