DJ Nike Inc. Cl B Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Nike Inc. Cl B $(NKE)$ advanced 1.90% to $43.88 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.46% to 7,365.12 and the Dow Jones Industrial Average rising 1.24% to 49,910.59.
The stock's rise snapped a two-day losing streak.
Nike Inc. Cl B closed 45.26% short of its 52-week high of $80.17, which the company achieved on August 25th.
The stock underperformed when compared to some of its competitors Wednesday, as VF Corp. $(VFC)$ rose 5.95% to $19.41, Under Armour Inc. Cl C $(UA)$ rose 2.80% to $6.25, and Under Armour Inc. Cl A $(UAA)$ rose 3.03% to $6.46.
Trading volume (19.2 M) remained 2.6 million below its 50-day average volume of 21.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2026.
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(END) Dow Jones Newswires
May 06, 2026 16:47 ET (20:47 GMT)
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