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Nike is falling after HSBC pulls bull rating with headwinds seen persisting

Jan. 10, 2022 7:55 AM ETNIKE, Inc. (NKE) StockBy: Clark Schultz, SA News Editor9 Comments

Large NIKE store at night with many people‘s silhouette

Robert Way/iStock Editorial via Getty Images

  • HSBC downgrades Nike (NYSE:NKE) to a Hold rating after having the athletic apparel stock slotted at Buy.
  • The firm points to ongoing production issues and slowing demand in China as overhangs in the

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