Business

Nike Share Decline

Updated 2026-10-02 10:10 UTC 1 source Negative

Nike's shares fell sharply after the company reported weak revenue and announced layoffs. The stock price dropped 10% in premarket trading.

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CNBC

Nike shares plummet 10% after weak revenue outlook and layoff plans underway

Nike's shares plummeted in premarket trading, continuing a second straight day of declines after it reported falling revenue and plans to lay off staff.

2026-10-02 10:00 UTC