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Nike shares plummet 10% after weak revenue outlook and layoff plans underway

October 2, 2026 CNBC 1 min read
CNBC · Center
Nike shares plummet 10% after weak revenue outlook and layoff plans underway

Nike’s shares plummeted in premarket trading, continuing a second straight day of declines after it reported falling revenue and plans to lay off staff.

Source: CNBC

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