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Nike CEO may have just admitted the company went too woke as stock hits 12-year low
Nike faces a critical turnaround period as stock prices hit a 12-year low amid sales declines and leadership shifts.
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Nike faces a critical turnaround period as stock prices hit a 12-year low amid sales declines and leadership shifts.
Nike exits the S&P 100 after 18 years following a 39% share price drop and a $200 billion market-cap wipeout.
Nike beats forecasts but sees flat sales and a 12% China slump, while a $986 million tariff refund offers a cash‑flow lift.