Nike misses Wall Street estimates Unlisted Video

On Thursday, Nike shares slipped.
According to Business Insider, the downward turn came after the company reported fourth-quarter earnings.
Wall Street has maintained its overwhelmingly bullish view on Nike amid investors' fears around business in China.
There are concerns that China's broader economy is slowing.
A declining number of retailers in China are seeing flat-to-positive Nike footwear.
A recent Citi survey showed the apparel businesses over the last two quarters.