Shares of Nike Inc. Cl B NKE, -3.77% slid 3.77% to $136.67 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.09% rising 0.09% to 31,521.69 and the S&P 500 Index SPX, -0.77% falling 0.77% to 3,876.50. This was the stock's second consecutive day of losses. Nike Inc. Cl B closed $11.28 short of its 52-week high ($147.95), which the company achieved on December 21st.
The stock underperformed when compared to some of its competitors Monday, as adidas AG ADR ADDYY, -0.33% fell 0.33% to $177.44, Deckers Outdoor Corp. DECK, -0.94% fell 0.94% to $328.04, and Skechers USA Inc. Cl A SKX, +1.72% rose 1.72% to $37.24. Trading volume (9.0 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 23, 2021 at 05:21AM
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Nike Inc. Cl B stock underperforms Monday when compared to competitors - MarketWatch
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