DJ Nike Inc. Cl B Stock Outperforms Competitors Despite Losses On The Day
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Shares of Nike Inc. Cl B $(NKE)$ slid 1.26% to $66.54 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,776.65 and the Dow Jones Industrial Average rising 0.01% to 42,587.50.
This was the stock's sixth consecutive day of losses.
Nike Inc. Cl B closed 32.13% short of its 52-week high of $98.04, which the company achieved on June 24th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as VF Corp. $(VFC)$ fell 3.12% to $16.47, Under Armour Inc. Cl C $(UA)$ fell 2.09% to $6.08, and Under Armour Inc. Cl A $(UAA)$ fell 3.33% to $6.39.
Trading volume (15.9 M) eclipsed its 50-day average volume of 15.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 25, 2025.
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(END) Dow Jones Newswires
March 25, 2025 16:39 ET (20:39 GMT)
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