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

City noticeboard, Trade Hub UK (2026-10-02): 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. Primary source: original at CNBC Top News (cnbc.com).

By CNBC Top News

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.

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Source: CNBC Top News