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Tag Archives: Nike Shares

Nike Shares Tumble

26-Jun-09

Nike Inc. shares have not been moving in the same direction as its swoosh, tumbling more than 10% since the close of last week. It recently reported a 12% global decline in forward orders through November, worse-than-expected. Nike also warned that 2010 would be difficult, particularly the first half of the year, overshadowing its better-than-expected [...]