Shares of Nike jumped 6.68% to $146.45 at 09:58 EST on Monday, following yesterday’s upward trend. The New York Stock Exchange is sliding 0.34% to $14,467.80, following yesterday’s downward trend, This seems, up to now, a somewhat negative trend exchanging session today.

Nike’s last close was $140.50, 3.70% below its 52-week high of $141.22.

News about Nike today

Tesla, Zoom, Nike: what to watch when the stock market opens today. According to today’s article on The Wall Street Journal, "- Nike shares rose 3% in offhours trading. "

Stocks making the biggest moves in the premarket: Tesla, Nike, JPMorgan chase & more. According to today’s article on CNBC, "Nike (NKE) – Nike reported quarterly profit of 78 cents per share, 16 cents a share above estimates. "

Nike’s Sales

Nike’s sales growth is 2.2% for the current quarter and 6.9% for the next. The company’s growth estimates for the current quarter is a negative 11.4% and positive 41.5% for the next.

Nike’s Revenue

Year-on-year quarterly revenue growth declined by 0.6%, now sitting on 37.34B for the twelve trailing months.

Nike’s Stock Yearly Top and Bottom Value

Nike’s stock is valued at $146.45 at 09:58 EST, higher than its 52-week high of $141.22.

Nike’s Moving Average

Nike’s worth is way above its 50-day moving average of $132.53 and way above its 200-day moving average of $115.36.

Previous days news about Nike

Nike, inc. reports fiscal 2021 second quarter results. According to Business Insider on Fri Dec 18, "Our second quarter revenue performance was impacted by strong Nike Brand digital growth of 84 percent, offset by lower revenue in our wholesale business and NIKE-owned stores. "

Nike inc reports advance in Q2 bottom line. According to Business Insider on Fri Dec 18, "Nike Inc (NKE) revealed earnings for its second quarter that rose from last year.", "Nike Inc earnings at a glance:"

Nike gains after China and e-commerce fuel return to growth. According to Bloomberg Quint on Fri Dec 18, "Nike shares rose as much as 6% to $145.49 in extended trading on Friday. ", "Getting rid of excess inventory also has required Nike to dial up its promotions, and that’s weighed on its gross margin. "

Nike stock moves toward record after earnings show return to sales growth. According to MarketWatch on Fri Dec 18, "Nike stock closed at a record high Thursday of $140.50 and reached an intraday record of $141.14 in Friday’s regular session before falling to a daily decline of 2.3% at $137.28. ", "Sales grew 7% to $11.2 billion from $10.33 billion in the same quarter a year ago, after Nike reported year-over-year sales declines in the previous two quarters, as the COVID-19 pandemic affected its operations. "

Nike powers through pandemic with digital push. According to The Wall Street Journal on Fri Dec 18, "He said the latest results reflect the strength of Nike’s strategy and that he was optimistic about the Covid-19 vaccine.", "Nike is among several retailers that have benefited from earlier efforts to capture online sales. "

LEAVE A REPLY

Please enter your comment!
Please enter your name here