NIKE (NKE) Stock Jumps 15% in a Month: Should You Buy, Hold, or Sell?
NKENIKE(NKE) ZACKS·2024-08-28 01:56

After experiencing a downward trend since this year's start, NIKE Inc. (NKE) shares have recently bounced back, with a 14.6% rise in the past month. This rebound has resulted in the Beaverton, OR-based company outperforming its industry peers, the broader sector and the S&P 500 Index.NIKE’s share price increase of 14.6% outpaced the industry's 12.8% growth in the past month. It also exceeded the broader Zacks Consumer Discretionary sector and the S&P 500’s respective increases of 2.5% and 2.9% in the same p ...