Why Nike Stock Is Running Higher Friday
Being in (NYSE: NKE) stock hasn't exactly been a winning game in recent years. Shares of the iconic athletic shoe maker have badly trailed the returns of the S 500 index over the last decade.
But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still trading higher by 5.8%. That's because investors hope the stock's long-lasting slump is coming to an end with a CEO replacement.
Nike was a high-flying stock for years. But since Nike's last stock split, -- a 2-for-1 split on Dec. 24, 2015 -- its total return, which includes dividends, has been 41% compared to the S&P 500 index return of 225%.
Source Fool.com
Nike Inc. B Aktie
80,10 €
0,44 %
Und Nike Inc. B steht derzeit mit 63 Buy-Einschätzungen und 2 Sell-Einschätzungen bei unserer Community gut im Kurs.
Das von der Community festgelegte Kursziel für Nike Inc. B von 107 € impliziert eine deutliche Steigerung gegenüber dem aktuellen Kurs von 80.1 €.
