Nike Stock – Nike Inc. Cl B stock rises Monday, still underperforms market
Shares of Nike Inc. Cl B
NKE,
advanced 2.13% to $137.65 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
rising 2.38% to 3,901.82 and the Dow Jones Industrial Average
DJIA,
rising 1.95% to 31,535.51. The stock’s rise snapped a six-day losing streak. Nike Inc. Cl B closed $10.30 short of its 52-week high ($147.95), which the company achieved on December 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as adidas AG ADR
ADDYY,
rose 1.10% to $177.57, Deckers Outdoor Corp.
DECK,
rose 1.66% to $331.53, and Skechers USA Inc. Cl A
SKX,
rose 6.42% to $38.95. Trading volume (5.7 M) eclipsed its 50-day average volume of 5.7 M.
Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.
Nike Stock – Nike Inc. Cl B stock rises Monday, still underperforms market
Tags: Nike Stock
