Nike (NYSE:NKE), a designer of athletic footwear, apparel, and equipment, closed Thursday at $44.19, down 1.00%. The stock remains under pressure as analysts weigh its recent profit decline, a weak revenue outlook, and softness in China. Trading volume reached 59.4 million shares
Stock Market Today, April 2: Nike Shares Slide After Numerous Price Target Cuts From Wall Street
Nike (NYSE:NKE), a designer of athletic footwear, apparel, and equipment, closed Thursday at $44.19, down 1.00%. The stock remains under pressure as analysts weigh its recent profit decline, a weak revenue outlook, and…