Nike Inc. Cl B Stock Slides 4.0%, Underperforms Peers
Dow Jones2026/08/17 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Nike Inc. Cl B slipped 4.0% to $39.09 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.5% to 7,745.06 and Dow Jones Industrial Average falling 0.5% to 53,459.78.
This was the stock's second consecutive day of losses.
Nike Inc. Cl B closed 51.2% short of its 52-week high of $80.17, which the company reached on August 25th.
The stock underperformed when compared to some of its peers, as VF Corp. fell 2.6% to $14.48, Under Armour Inc. Cl C fell 1.1% to $5.19, and Under Armour Inc. Cl A fell 1.31% to $5.29.
Trading volume totaled 56.6 million, compared to the 50-day average of 23.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 17, 2026 16:35 ET (20:35 GMT)
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