Nike shares tumble 13% as CEO Hill’s turnaround plan faces geopolitical woes
- Posted on April 1, 2026
- By Business News Today
- 3 Views
Nike shares tumble 13% as CEO Hill’s turnaround plan faces geopolitical woes
Nike's months-long turnaround under CEO Elliott Hill faces fresh pressure as the Middle East conflict adds to the sportswear maker's struggles in key market China.