Why Is Everyone Talking About Nike Stock

Nike (NYSE: NKE) stock is in the limelight again after reporting stellar results in its fiscal second-quarter earnings release. The company blew past expectations on Wall Street for revenue and earnings per share (EPS). The stock -- already up over 35% this year before the earnings release -- shot up another 5% after the retail apparel company reported results.

However, that's not the only reason why so many investors are talking about Nike's stock. Let's take a closer look at a couple of developments that are putting the company in the limelight. 

Nike reports stellar second-quarter results. Image source: Getty Images.

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Source Fool.com