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Shares of Nike Hit 2-1/2 Year Lows and Rattled Those of Other Athletic Gear Makers, After ... - Latest Tweet by Reuters
The latest Tweet by Reuters states, 'Shares of Nike hit 2-1/2 year lows and rattled those of other athletic gear makers, after the company's warning of a margin squeeze from widespread markdowns sparked worries of sector-wide contagion of ballooning inventory ...'
Shares of Nike hit 2-1/2 year lows and rattled those of other athletic gear makers, after the company's warning of a margin squeeze from widespread markdowns sparked worries of sector-wide contagion of ballooning inventory https://t.co/PTkhToRLaN pic.twitter.com/02Yf8zat7O— Reuters (@Reuters) September 30, 2022
(The above story first appeared on LatestLY on Oct 01, 2022 12:20 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).