The Latest Breaking News from NIke

Andrew Greig, 13, was last seen leaving a property on Cawdor Crescent in Greenock on Sunday afternoon.

Arsenal have inked a new £60m per year deal with Adidas that Liverpool will need to surpass

The stock market continued its decline after a key inflation report rose. Nike plunged after reporting excess inventory.

The stock market gave back earlier gains trading mixed with the small-caps leading the day. Animal health and fiber optic stocks powered up.

Shares of Nike Inc hit 2-1/2 year lows on Friday and rattled those of other athletic gear makers, after the company's warning of a margin squeeze from widespread markdowns sparked worries of sector-wide contagion of ballooning inventory. The world's largest sportswear maker on Thursday became the latest in a line…

Footwear and apparel company Nike Inc. (NYSE: NKE) beat Street estimates for revenue and earnings per share in the first quarter, but saw shares fall sharply Thursday after market close. Investors and analysts now have some major concerns after the latest report.

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.

The Dow Jones Industrial Average dropped Friday on hot inflation data. Tesla stock fell ahead of the company's AI Day.