JD Stock Plummets Following Nike Revenue Warning

Friday, 28 June 2024, 20:50
In a recent market report, JD faced a significant drop of 5.4% as Nike's announcement on lower-than-expected 2025 revenues rattled investors. The stock lost 6.85p, closing at 119.5p, reflecting concerns over the impact of Nike's projections on JD's performance. Investors are closely monitoring the situation for further developments and potential market shifts.
Daily Mail
JD Stock Plummets Following Nike Revenue Warning

Market Report: JD vs Nike

The self-styled King of Trainers took a kicking, losing 5.4% as Nike warned that its 2025 revenues would be lower than expected.

  1. JD stock plummets by 6.85p

Impact on Investors

  • Investors concerned about future performance
  • Monitoring market reactions closely

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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