Nike falls for record 10th straight day as Foot Locker woes, China slowdown hit stock

(CNBC) Nike’s stock tumbled Wednesday for the 10th day in a row after Foot Locker reported dismal quarterly results and consumers continue to pull back from the footwear sector.  The sneaker giant’s shares closed about 2.7% lower. The 10-day losing streak is the longest in Nike’s history as a public company since its IPO in 1980.

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