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Nike Shares: Nike shares falter as weak consumer spending prompts forecast cut
International Business News: Nike's shares fell 11% after the company cut its revenue forecast and announced a $2 billion cost-saving plan. The sportswear giant is shifting its st
Piper sandler abbie zvejnieks
Adrienne yih
Kanye west
Foot locker
Abbie zvejnieks
Weak consumer spending
Strategy shift
Revenue forecast
Nike shares
Forecast cut
Cost saving plan
Cautious consumer spending
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