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Nike erases post-earnings gains, falls to 5-year lows below $69 per share

Nike erases post-earnings gains, falls to 5-year lows below $69 per share

Shares of of Nike (NKE) have erased the post-earnings pop higher, falling 5% after-hours below $68.50 – a five-year low. The company has guided Q4 revenue to decline in mid-teens range vs. consensus of $11.1B, or implied decline of about 12% from Q4 of 2024.

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