Shares of Nike Inc. Cl B NKE, -2.12% shed 2.12% to $142.02 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.00% rising 0.00% to 31,494.32 and the S&P 500 Index SPX, -0.19% falling 0.19% to 3,906.71. The stock's fall snapped a two-day winning streak. Nike Inc. Cl B closed $5.93 below its 52-week high ($147.95), which the company achieved on December 21st.
The stock underperformed when compared to some of its competitors Friday, as adidas AG ADR ADDYY, +1.74% rose 1.74% to $178.02, Deckers Outdoor Corp. DECK, +2.45% rose 2.45% to $331.16, and Skechers USA Inc. Cl A SKX, +0.97% rose 0.97% to $36.61. Trading volume (7.5 M) eclipsed its 50-day average volume of 5.5 M.
Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.
February 20, 2021 at 05:19AM
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Nike Inc. Cl B stock underperforms Friday when compared to competitors - MarketWatch
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