DJ Nike Inc. Cl B Stock Outperforms Competitors Despite Losses On The Day
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Shares of Nike Inc. Cl B $(NKE)$ slipped 2.33% to $53.55 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.24% to 5,275.70 and Dow Jones Industrial Average falling 1.73% to 39,669.39.
This was the stock's second consecutive day of losses.
Nike Inc. Cl B closed 45.38% short of its 52-week high of $98.04, which the company achieved on June 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as VF Corp. $(VFC)$ fell 4.89% to $10.31, Under Armour Inc. Cl C $(UA)$ fell 1.31% to $5.28, and Under Armour Inc. Cl A $(UAA)$ fell 3.14% to $5.56.
Trading volume (19.0 M) remained 1.8 million below its 50-day average volume of 20.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 16, 2025.
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(END) Dow Jones Newswires
April 16, 2025 16:41 ET (20:41 GMT)
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