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Express News | Shares of Deckers Outdoor, on Holding, Lululemon Athletica Down About 2% After Nike's Revenue Warning
Shares of Footwear and Athletic Apparel Stocks Are Trading Lower in Sympathy With Nike, Which Fell After Reporting Quarterly Earnings.
The stock prices of the leaders in fitness pants and sports shoes are dismal, and the leader in jeans has just taken a dive.
Nike's stock price plummeted and lululemon has been in a long slump, making it difficult for sports apparel giants to transform under the impact of new products.