Nike stock is falling today. What the footwear brand said that has investors worried about the rest of 2026
By Sarah Fielding
Published on April 1, 2026.
The release of Nike's fiscal 2026 third-quarter earnings led to a more than 10% drop in shares of the company. The company's stock is already down by over 16% year-end, compared to the 4.8% decline for the broader S&P 500 index. This comes a year and a half into CEO Elliott Hill's tenure, and months after announcing plans to lay off 775 workers at its U.S. distribution centers.
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