Nike (NKE) Stock Edges Higher on NYSE, Monthly Gains Strong Amidst Mixed Longer-Term Performance

Beaverton, OR – Shares of Nike (NKE), the global athletic footwear and apparel giant, are trading slightly higher in today’s session on the New York Stock Exchange (NYSE). As of 22:52 GMT+5:30, the NKE share price stands at 63.14 USD, an increase of +0.37 USD or +0.59%. The previous closing price for the iconic brand was 62.77 USD.

This positive daily movement, with the 1-day performance tab also showing a +0.58% gain, is supported by a +3.50% gain over the past five trading days and a robust +10.48% over the past month.

However, looking at longer horizons, NKE shares have faced significant headwinds. The stock is down -20.30% over 6 months, -17.20% year-to-date, and has seen a substantial -33.76% decline over the past year. The 5-year performance also shows a decrease of -39.29%. Despite these medium-term challenges, the all-time performance for Nike is exceptionally strong, showcasing a gain of +35,040% (35.04K%) since its listing.

The intraday NKE chart, powered by TradingView, illustrates some volatility with an initial rise, followed by a dip, and a slight recovery towards the end of the observed period. Investors and market analysts seeking more comprehensive insights into Nike’s financials, news, technicals, forecasts, options, or bond information can explore “Full chart” or “See on Supercharts” features on various financial platforms. The current market activity for Nike stock indicates a modest daily gain and strong monthly performance, set against a backdrop of recent annual declines but an outstanding long-term growth story.

Frequently Asked Questions (FAQ):

Q1: What is the current stock price of Nike?
A: As of today at 22:52 GMT+5:30, the stock price of Nike (NKE) is 63.14 USD.

Q2: What is the ticker symbol for Nike and on which exchange is it traded?
A: The ticker symbol is NKE. It is traded on the New York Stock Exchange (NYSE).

Q3: How has the NKE stock performed today?
A: Today, the NKE stock has increased by +0.37 USD, which is a +0.59% gain. The 1-day specific performance tab shows a +0.58% gain.

Q4: What was the previous closing price for NKE shares?
A: The previous closing price for NKE shares was 62.77 USD.

Q5: What are the recent and long-term performance metrics for Nike stock?
A:

• 1 day: +0.58%

• 5 days: +3.50%

• 1 month: +10.48%

• 6 months: -20.30%

• Year to date: -17.20%

• 1 year: -33.76%

• 5 years: -39.29%

• All time: +35,040% (35.04K%)

Q6: Is Nike (NKE) a good stock to invest in?
A: Nike has shown strong 1-month gains and an exceptional all-time return. However, it has experienced significant declines over the past year, 5 years, 6 months, and year-to-date. Whether it’s a “good” investment depends on your individual financial goals, risk tolerance, and thorough research into the company’s fundamentals, the athletic apparel and footwear industry outlook, competitive landscape, and overall market conditions. Consulting a financial advisor is recommended.

Q7: What kind of company is Nike?
A: Nike, Inc. is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services.

Q8: Where can I find more detailed chart information for NKE stock?
A: More detailed chart information, often labeled as “Full chart” or “See on Supercharts,” can be found on financial news websites, brokerage platforms, and stock market data providers like TradingView that cover the New York Stock Exchange.