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Stock impact report

The swoosh is slipping: Why Nike's rough stretch in the stock market just even got worse [Business Insider]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Have an account? Log in Nike stock dropped 16% on Wednesday to its lowest level since 2014. The company faced a rash of Wall Street downgrades after issuing a weak sales forecast. Shares have gone in the wrong direction under CEO Elliott Hill, despite turnaround efforts. AI-generated summary Summaries are generated by an AI model trained on Business Insider's articles. AI may make mistakes or provide inaccurate/incomplete information. We're unable to load that answer right now. Please try again. What led to Nike's weak sales forecast? What is the 'Win Now' turnaround plan? What challenges does Converse face? How is Nike addressing international weakness? Why is the sportswear division struggling? When you hear the word "swoosh," you think of Nike . It's one of the most enduring logos in modern history. For decades, it's been plastered on everything. Loading audio narration... But, apparently, when investors hear "swoosh," they think of a wind gust — the so Show less Read more
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