Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Nike Inc. Cl B Stock Slides 4.0%, Underperforms Peers

Nike Inc. Cl B Stock Slides 4.0%, Underperforms Peers

Dow JonesDow Jones2026/08/17 20:35

This 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)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The new Roadster, postponed for nine years, finally has a release date! Morningstar maintains Tesla (TSLA.US) target price at $450: Supercars are not the valuation logic, FSD, Robotaxi, and Optimus are.

Tesla has officially announced that the new generation Roadster will be unveiled on October 1. However, institutions generally believe that this is primarily a branding campaign and will have minimal impact on the company's valuation.

智通财经2026/09/21 08:51