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Nike Shares Soar on Its Production Shift Away From China, but Warns of a $1 Billion Tariff Hit
Nike's shares jumped at the opening bell Friday after the company said it's shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it about $1 billion before it makes internal changes,
In the fourth quarter of fiscal year 2025, NIKE, Inc.’s (NYSE:NKE) net income nosedived by 86 percent to $211 million from $1 ...
Nike has endured a tough few years marked by weaker demand and its own struggles to adapt to shifting trends. While the ...
Historically, NKE stock has decreased 65% of the time after earnings announcements, with a median one-day drop of 6.8% and a ...
Nike ( NKE 16.79%) stock is surging in Friday's trading following the company's recent quarterly report. The footwear and apparel specialist's share price was up 14.5% as of 10:45 a.m. ET. At the same ...
Shares of Nike Inc. are up more than 15% in morning trading, lifted by the athletic-gear and sneaker maker’s better-than-expected sales forecast. The stock, which is leading the S&P 500 index, is on ...
Nike shares jumped in extending trading Thursday after the sports apparel and equipment maker posted quarterly results above ...
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