The Latest Breaking News from NIke

The major indexes fell, with the S&P 500 breaking below bear market lows. Biogen soared on an Alzheimer's drug while Nike dived.

Dow Jones sports apparel giant Nike fell over 13% after reporting a massive inventory buildup. Stock indexes traded higher in the first hour.

Stock futures bounce to close out brutal September trading; Inflation back in focus as Fed steps-up rate hike rhetoric; Nike shares crushed as inventory bloat set to hammer margins; Micron shares jump as Japan deal offsets muted outlook and Boeing faces tight timeline for 737 MAX certification.

New York (AFP) - Nike reported lower quarterly profits Thursday on increased logistics spending and a hit from product markdowns, as it pivots in a fast-changing consumer market challenged by inflation.

Futures signaled a new bounce as Treasury yields fell ahead of the Fed's favorite inflation gauge. Nike plunged on inventory woes.

Apparel and footwear company Nike Inc (NYSE: NKE) reported first-quarter financial results after market close Thursday. Here are the key highlights for Nike investors.

They’ve won only once in three games. Yet they possess a top-tier defense. What gives?

Nike, Inc (NYSE: NKE) was sliding 4% lower Thursday as the company heads into its first-quarter earnings print after the close.

West Brom’s captain, Hannah George, said the switch would help the team ‘focus on our performance’ after consulting with the club