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Tuesday, December 21, 2021 13:44:17 UTC

Nike's stock soared 3.5% in premarket trading after the company reported quarterly earnings of 83 cents per share, 20 cents over expectations.

Although revenue was slightly higher than expected, sales were hampered by a slowdown in production and shipping of the company's items, according to the sports footwear and apparel maker.(More)

@nike @skechers @nike @addidas

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