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Wall Street loses patience with Nike as turnaround drags, China weakness deepens

Nike warned that its turnaround is taking longer than it expected, leading three Wall Street banks to downgrade the stock as investors lose patience.

1 report1 sourceApr 1, 2026, 8:32 PM
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CNBCApr 1, 2026, 8:32 PM

Wall Street loses patience with Nike as turnaround drags, China weakness deepens

Nike warned that its turnaround is taking longer than it expected, leading three Wall Street banks to downgrade the stock as investors lose patience.

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