DJ Nike Inc. Cl B Stock Falls Wednesday, Underperforms Market
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Shares of Nike Inc. Cl B $(NKE)$ shed 3.15% to $71.09 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.31% to 5,427.13 and Dow Jones Industrial Average falling 1.25% to 39,853.87.
This was the stock's second consecutive day of losses.
Nike Inc. Cl B closed $52.30 below its 52-week high ($123.39), which the company reached on December 20th.
Trading volume (18.3 M) eclipsed its 50-day average volume of 15.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 24, 2024.
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(END) Dow Jones Newswires
July 24, 2024 16:42 ET (20:42 GMT)
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