Nike Inc. Cl B Stock Outperforms Competitors On Strong Trading Day
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Nike Inc. Cl B shares rose 1.01% to $66.30 on a day when the overall stock market declined, with the S&P 500 down 0.19% and the Dow Jones down 0.80%. Despite this gain, Nike's stock remains 19.58% below its 52-week high of $82.44. Competitors had mixed results, with VF Corp. down 0.30%, while Under Armour's Cl C and Cl A shares rose slightly. Trading volume was below average at 13.5 million shares.
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