Nike Inc. Cl B Stock Rallies 5.2%, Outperforms Peers

Dow Jones04:35

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Nike Inc. Cl B rallied 5.2% to $37.14 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,744.06 and the Dow Jones Industrial Average rising 1.1% to 52,177.69.

The stock's rise snapped a two-day losing streak.

Nike Inc. Cl B closed 47.3% short of its 52-week high of $70.44, which the company achieved on October 27th.

The stock outperformed some of its peers, as VF Corp. rose 3.2% to $17.00, Under Armour Inc. Cl C rose 1.9% to $4.75, and Under Armour Inc. Cl A rose 1.88% to $4.88.

Trading volume totaled 46.3 million, compared to the 50-day average of 35.6 million.

Data source: Dow Jones Market Data, FactSet

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