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Shares of NIKE, Inc. (NYSE:NKE – Get Free Report) fell 1.4% on Monday after JPMorgan Chase & Co. lowered their price target ...

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Nike’s sales saw a huge drop as takers are dwindling. Nike is going to report its steepest revenue slump in nearly 5 years.

On Thursday, March 20, Nike announced its global sales have fallen 9%. That includes a 17% drop in China as well as a 9% drop in North America, the company’s largest market. The sports apparel giant ...