Nike Plummets to 13-Year Low: Analysts Warn Selling Isn’t Over Yet Amidst Deepening Woes

Nike's stock has fallen to a 13-year low, opening around $32 per share after a disappointing financial report that missed revenue expectations. Analysts are cautioning investors, with many believing the selling is not over as the company faces challenges in innovation, direct-to-consumer sales, and its critical China market.Despite beating earnings…

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