Why The Coronavirus Outbreak Shaved Off More Than $17 Billion From Nike’s Valuation
- Thursday, February 27, 2020, 7:16
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Nike (NYSE: NKE) was one of the first companies to issue a statement regarding the impact of the coronavirus outbreak on its business in China earlier this month. The company temporarily shuttered approximately half of its company-owned stores in Greater China, and even the stores that remain…
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