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Nike Stock Downgraded by Wall Street Amid Dim Sales Outlook

Nike (NKE) stock has been downgraded by several Wall Street firms due to a dim sales outlook, contributing to its 17% decline this year and its controversial status among investors following surprising guidance.

1 Apr, 11:57 — 1 Apr, 11:57
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cnbcMostly Factual7d ago

Nike gets downgrades from a few Wall Street shops due to dim sales outlook

Nike shares have fallen 17% since the beginning of this year.

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