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 1.39% to $77.32 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.22% to 5,778.15 and Dow Jones Industrial Average falling 1.55% to 42,520.99.
This was the stock's fifth consecutive day of losses.
Nike Inc. Cl B closed 24.56% below its 52-week high of $102.49, which the company achieved on March 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as VF Corp. $(VFC)$ fell 7.40% to $22.54, Under Armour Inc. Cl C $(UA)$ fell 0.80% to $6.18, and Under Armour Inc. Cl A $(UAA)$ fell 0.74% to $6.67.
Trading volume (10.0 M) remained 3.9 million below its 50-day average volume of 13.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 4, 2025.
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March 04, 2025 16:37 ET (21:37 GMT)
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