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Why Nike's Shares Rose 14.6% in August

TheMotleyFool

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Shares of Nike (NYSE: NKE) rose 14.6% in August, according to data provided by S&P Global Market Intelligence.

The sports footwear company's shares hit an all-time high back in February before plunging when the coronavirus pandemic spread across the globe. Six months later, the shares have now recovered to hit another all-time high.

Image source: Getty Images.

Source Fool.com

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