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disappointing earnings reportThe Motley Fool
•71% Informative
Shares of Nike ( NYSE : NKE ) fell 20.7% in June 2024 , according to data from S&P Global Market Intelligence .
The athletic apparel and footwear giant was doing fine until the very last market day of the month.
Nike experienced an 18% revenue drop for the Converse brand and 8% slide in Nike Direct e-commerce sales.
VR Score
71
Informative language
73
Neutral language
27
Article tone
formal
Language
English
Language complexity
34
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
3
Affiliate links
no affiliate links