"I'm looking at shares of Nike. That's ticker NK. This was an earnings report that we received last night. We are seeing shares lower, down about 9% right now as we speak. This is after the company's really warning that sales would decline this quarter. They're talking about weakness both in China and its Converse brand. I completely forgot they own Converse."
The commentary highlights Nike's disappointing earnings report with sharp declines in share price driven by forecasts of lower sales, particularly impacted by weak performance in China and its Converse brand.
Nike Falls, FedEx Sinks, KB Home Falls on Earnings | Stock Movers
Stock Movers
December 19, 2025
Company Opinion