Nike stock sees worst day on record, prompting CEO criticism
Nike on Friday saw its stock prices plummet 20% after the company warned its current quarter sales would see a steep decline. Hope King, a senior business reporter for Axios, joined CBS News to discuss what has led to the falloff for the shoemaker.
![Nike stock sees worst day on record, prompting CEO criticism](https://assets1.cbsnewsstatic.com/hub/i/r/2024/07/02/8a5cb78d-6701-420b-9133-a3800ac68976/thumbnail/1200x630/f5e95af7742508e263aef7ecd62e0a2e/cbsn-fusion-nike-stock-sees-worst-day-on-record-prompting-ceo-criticism-thumbnail.jpg?v=57e8061b2038d609da26e467de5ddfb8)
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