Nike (NKE) Falls More Steeply Than Broader Market: What Investors Need to Know
NKENIKE(NKE) ZACKS·2024-11-05 07:55

Nike (NKE) closed the latest trading day at $77.19, indicating a -1.11% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.28%. On the other hand, the Dow registered a loss of 0.61%, and the technology-centric Nasdaq decreased by 0.33%.Heading into today, shares of the athletic apparel maker had lost 5.09% over the past month, lagging the Consumer Discretionary sector's gain of 2.26% and the S&P 500's gain of 0.41% in that time.Market participants will be closely followin ...