Shares of Nike Inc. Cl B
shed 0.45% to $136.54 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.15% to 4,079.95 and the Dow Jones Industrial Average
rising 0.05% to 33,446.26. The stock’s fall snapped a two-day winning streak. Nike Inc. Cl B closed $11.41 short of its 52-week high ($147.95), which the company reached on December 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as adidas AG ADR
fell 0.83% to $161.54, Deckers Outdoor Corp.
rose 0.10% to $339.32, and Skechers USA Inc. Cl A
rose 2.07% to $43.42. Trading volume (6.6 M) eclipsed its 50-day average volume of 6.6 M.