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2min chapter
Nike CEO Abruptly Steps Down After Struggling Sales & 23andMe in Turmoil
Morning Brew Daily
Navigating Financial Turbulence in a High-Valuation Media Company
This chapter explores the troubling financial landscape of a media company linked to a high-profile political figure, highlighting its $3 billion market valuation despite serious revenue challenges. It examines the potential ramifications of significant losses, stock selling, and borrowing against assets amidst strict SEC regulations that demand transparency in the company's financial maneuvers.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode