DJ Nike Inc. Cl B Stock Outperforms Competitors Despite Losses On The Day
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Shares of Nike Inc. Cl B $(NKE)$ shed 1.42% to $80.02 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.59% to 5,861.57 and Dow Jones Industrial Average falling 0.45% to 43,239.50.
This was the stock's second consecutive day of losses.
Nike Inc. Cl B closed 24.20% below its 52-week high of $105.57, which the company achieved on February 29th.
Despite its losses, the stock outperformed some of its competitors Thursday, as VF Corp. $(VFC)$ fell 2.96% to $24.59, Under Armour Inc. Cl C $(UA)$ fell 2.31% to $6.35, and Under Armour Inc. Cl A $(UAA)$ fell 2.87% to $6.78.
Trading volume (11.5 M) remained 2.3 million below its 50-day average volume of 13.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 27, 2025.
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(END) Dow Jones Newswires
February 27, 2025 16:38 ET (21:38 GMT)
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