Nike stock plunges as gloomy sales forecast fans growth concerns
![Image](https://img.etimg.com/thumb/msid-111355095,width-210,height-158,imgsize-626668,resizemode-75/nike-stock-plunges-as-gloomy-sales-forecast-fans-growth-concerns.jpg)
Nike faces stock woes and market challenges, prompting a potential shift in leadership under CEO John Donahoe's digital-focused strategy. The company's strategic pivots towards sustainability and product revamps aim to counter market pressures, signaling a critical phase for Nike's future direction and management dynamics.
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