DJ Nike Inc. Cl B Stock Underperforms Wednesday When Compared To Competitors
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Shares of Nike Inc. Cl B $(NKE)$ slipped 1.04% to $76.78 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,144.15 and the Dow Jones Industrial Average rising 0.16% to 44,627.59.
Nike Inc. Cl B closed 27.99% below its 52-week high of $106.62, which the company achieved on February 23rd.
The stock underperformed when compared to some of its competitors Wednesday, as VF Corp. $(VFC)$ rose 1.11% to $26.52, Under Armour Inc. Cl C $(UA)$ rose 0.45% to $6.71, and Under Armour Inc. Cl A $(UAA)$ rose 0.28% to $7.24.
Trading volume (14.0 M) eclipsed its 50-day average volume of 13.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 19, 2025.
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(END) Dow Jones Newswires
February 19, 2025 16:40 ET (21:40 GMT)
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