{"id":85687,"date":"2023-08-24T01:16:48","date_gmt":"2023-08-24T05:16:48","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85687"},"modified":"2023-08-24T01:13:39","modified_gmt":"2023-08-24T05:13:39","slug":"nike-falls-for-record-10th-straight-day-as-foot-locker-woes-china-slowdown-hit-stock","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2023\/nike-falls-for-record-10th-straight-day-as-foot-locker-woes-china-slowdown-hit-stock.html","title":{"rendered":"Nike falls for record 10th straight day as Foot Locker woes, China slowdown hit stock"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/NKE\/\">Nike\u2019s<\/a> stock tumbled Wednesday for the 10th day in a row after <a href=\"https:\/\/www.cnbc.com\/quotes\/FL\/\">Foot Locker<\/a> reported dismal quarterly results and consumers continue to pull back from the footwear sector.\u00a0 The sneaker giant\u2019s shares closed about 2.7% lower. The 10-day losing streak is the longest in Nike\u2019s history as a public company since its IPO in 1980.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/08\/23\/why-is-nikes-stock-down-foot-locker-woes-china-slowdown-hit-shares.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Nike\u2019s 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.\u00a0 The sneaker giant\u2019s shares closed about 2.7% lower. The 10-day losing [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85687","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85687"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85687\/revisions"}],"predecessor-version":[{"id":85688,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85687\/revisions\/85688"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}