Nike was hurt by faltering demand for its sneakers as consumers covet newer brands such as On and Hoka, pushing its shares down over 12% after hours...
- Shares in JD Sports and Puma fell as much as 6.6% and 3% respectively on Friday, while Adidas briefly rose over 1.5%, after U.S. peer Nike on Thursday forecast a surprise fall in fiscal 2025 revenue.
Nike was hurt by faltering demand for its sneakers as consumers covet newer brands such as On and Hoka, pushing its shares down over 12% after hours. Departing Nvidia VP salutes Jensen Huang’s leadership, and pinpoints the 3 key principles he taught her
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