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Nike stock sees worst day on record, prompting CEO criticism

Name: Nike stock sees worst day on record, prompting CEO criticism
Uploaded: 2024-07-02T09:40:00-0400
Duration: 4 min 9 s
Description: Nike on Friday saw its stock prices plummet 20% after the company warned its current quarter sales would see a steep decline. Hope King, a senior business reporter for Axios, joined CBS News to discuss what has led to the falloff for the shoemaker.

Nike on Friday saw its stock prices plummet 20% after the company warned its current quarter sales would see a steep decline. Hope King, a senior business reporter for Axios, joined CBS News to discuss what has led to the falloff for the shoemaker.