StockWatch: Shortages Hit Nike & Costco!

US sportswear giant Nike and US retail giant Costco both say they are facing product shortages and delays due to global supply chain problems.

Nike said production and delivery of its merchandise would be impacted until next spring, as it struggles with shipping issues and a worker shortage in Asia.

Costco said it was reinstating limits on purchases of key items.

Is this a sign of things to come for all major US companies?

Timestamps:

Trade over 200 of the hottest stock CFDs with spreads starting from 0.0 pips - Open your Orbex account today!

   

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss