DJ Nike Inc. Cl B Stock Falls Monday, Underperforms Market
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Shares of Nike Inc. Cl B $(NKE)$ slid 0.36% to $94.19 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.87% to 5,010.60 and the Dow Jones Industrial Average rising 0.67% to 38,239.98.
This was the stock's second consecutive day of losses.
Nike Inc. Cl B closed $34.49 short of its 52-week high ($128.68), which the company reached on May 1st.
Trading volume (8.4 M) remained 1.4 million below its 50-day average volume of 9.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2024.
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(END) Dow Jones Newswires
April 22, 2024 16:39 ET (20:39 GMT)
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