Nike’s Stock Suffers: Foot Locker Woes and China Slowdown Drive Toward Record 10th Consecutive Loss
Concerns Mount as Nike’s Stock Drops Around 2.5%: Potential 10-Day Losing Streak Looms Wednesday was the 10th day in a row that Nike’s stock went down. This happened after Foot Locker reported bad quarterly results and customers kept staying away from the shoe companies.During the day, the sneaker company’s stock dropped about 2.5%. If shares…