“Nike shares drop 10% as China sales plunge, tariffs hit profits”
January 6, 2026
“Nike shares dropped more than 10% in premarket trading on Friday.
It came after the company posted fiscal second-quarter earnings and revenue that topped Wall Street’s estimates, but showed weakness in the Greater China market.
Sportswear firms in Europe also saw their shares fall in early trade…”
https://www.cnbc.com/2025/12/18/nike-nke-q2-2026-earnings.html