Adidas
Nike shares drop as investors fret over murky turnaround timeline
Nike shares fell about 8% in early trading on Wednesday after the sportswear giant withdrew its annual revenue target.
Nike shares fell about 8% in early trading on Wednesday after the sportswear giant withdrew its annual revenue target.
As the holiday shopping season approaches, major U.S. retailers from Dollar General to Walmart and Macy’s could be saddled with too much stock.