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Nike Stock on Pace for Worst Year Since Jordan’s ‘93 Retirement

Bloomberg
Bloomberg
by Peyton Forte and Janet Freund
Aug 26, 2026 · 6:18 PM
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Nike Stock on Pace for Worst Year Since Jordan’s ‘93 Retirement
When Michael Jordan quit pro basketball at just 30 years old, his exit created a headache for Nike Inc., the maker and massive beneficiary of his iconic line of sneakers.
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