Why Nike Stock Dropped Today
Shares of sportswear icon Nike (NYSE: NKE) are crashing 4% as of 11 a.m. ET on Monday -- and yes, I suppose that with the S&P 500 down 1.9%, you could say the whole stock market is in the red today.
But in Nike's case, at least there's a reason for the sell-off.
Image source: Getty Images.
Source Fool.com
