Nike issued Tuesday a weak sales forecast, sparking a sell-off of its shares.
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Nike's turnaround is taking longer than expected.
Severe issues in China and a weak outlook discouraged investors, sending Nike shares down sharply.
It's hard for the market to have faith in Nike when its guidance continues to fall short of expectations.
Nike could struggle with sales as the athleisure market becomes more crowded and demand for sports-focused loungewear moves past…
The market downturn put some stocks across the consumer discretionary, industrials and technology sectors into oversold territory.
Several big-name stocks got caught in this week's market sell-off, leaving some at levels that investors could take advantage of…
