Nike shares plummet 10% after weak revenue outlook and layoff plans underway

CNBCOctober 2, 2026 at 10:11 AM

Nike's shares plummeted in premarket trading, continuing a second straight day of declines after it reported falling revenue and plans to lay off staff.

This is a summary. For the full story, read the original article at CNBC.

Original source: CNBC

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