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)
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.
You may also like

XRP Army Reacts As Pundit Says Bitcoin Will Pump But XRP Will Go Parabolic
Waskita Karya rated idAAA(gg) by Pefindo on bonds, outlook positive