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David Swartz

Nike shares plunge as company withdraws guidance due to CEO change

Nike (NKE) shares fell about 5% in after-hours trading on Tuesday evening as the company reported fiscal first-quarter revenue that fell short of estimates and withdrew its outlook for the year amid a CEO change. The footwear giant reported first-quarter…

Nike stock fluctuates as sales fall short of Wall Street estimates

Nike (NKE) shares fell as much as 8% in after-hours trading on Tuesday evening as the company reported fiscal first-quarter revenue that fell short of estimates and cut its outlook for the year amid a CEO change The footwear giant…