Nike Shares Plunge Amid Economic Uncertainty
Update: 2025-12-08
Description
Nikes shares plummeted by nearly four percent today, following a weak consumer spending report and a gloomy consumer sentiment index. The broader economic picture also showed signs of caution with slower-than-expected growth in new orders for factory goods. Despite Nikes stock typically being less volatile, todays drop suggests investors are concerned about the overall economic outlook.
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