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.
Sports Brand Nike announced on Thursday, that CEO John Donahoe will retire after more than five years of being in charge of the company as the brand has struggled recently with sales and other competition.