Skip to main content
UK Edition

Friday, 2 October 2026

Trade News UK

The latest UK news, business, transport and more

Business

Nike shares plummet 10% after weak revenue outlook and layoff plans underway

UK economy desk, Trade News UK (2026-10-02): Nike's shares plummeted in premarket trading, continuing a second straight day of declines after it reported falling revenue and plans to lay off staff. Primary source: original at CNBC Top News (cnbc.com).

Nike shares plummet 10% after weak revenue outlook and layoff plans underway

Nike's shares plummeted in premarket trading, continuing a second straight day of declines after it reported falling revenue and plans to lay off staff.

Read at source