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Tuesday, September 19, 2017

Nike shares get downgraded due to basketball shoe 'inventory glut' - CNBC

Nike shares get downgraded due to basketball shoe 'inventory glut' - CNBC

CNBC

Nike shares get downgraded due to basketball shoe 'inventory glut'
CNBC
Susquehanna lowers its rating for Nike shares to neutral from positive on Tuesday, citing increasing promotional activity for its shoes. "We have no doubt that Nike management recognizes this and is in the process of correcting the inventory glut ...

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