Nike, Foot Locker shares sink after sneaker maker cuts revenue outlook

Nike, Foot Locker shares sink after sneaker maker cuts revenue outlook

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A shopper leaves a Nike store along the Magnificent Mile shopping district in Chicago with a purchase on Dec. 21, 2022. Nike shares plunged Friday after the athletic apparel maker cut its revenue outlook for the fiscal year, with sneaker retailer Foot Locker also feeling the blow. Nike fell more…

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