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Even after stocks hit record, Nike fails to wow investors

Published On 23 Dec 2019 11:17 AM


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Nike Inc. is finding it harder to keep investors happy, after hitting a record high on Thursday.

 

The shares dipped in late trading, despite posting quarterly results that sailed past Wall Street estimates. It suggested that some investors were looking for an even bigger upside surprise.

Mark Parker, Chief Executive Officer said: “Our brand is connecting deeply with consumers everywhere, our innovation....


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