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Nike posts weak quarter, investors reconsider holding the stock
๐Ÿ“ˆ Business

Nike posts weak quarter, investors reconsider holding the stock

Nike reported a disappointing quarterly earnings result that analysts say is unlikely to improve the stock's standing in investment portfolios. The weak figures have prompted a reassessment of the company's near-term outlook. Investors are weighing whether to hold or reduce their Nike position following the soft quarter.

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