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Nike shares (NKE) hit 52 week high

Shares of the sports apparel retailer NIKE Inc. (NKE) reached an all-time high of 130.315 dollars Wednesday morning, and are currently trading at 127.24 dollars, up 10.36 dollars or 8.87 percent in the regular trading session. Trading volume is rising over 9.47 million versus an average volume of 6.39 million shares. The company reported Q1 net...

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Analysts see room for more gains for Nike in the upcoming months

New York – The market sees potential for Nike (NKE) after the stock went through an initial crash at the beginning of the coronavirus pandemic. Now, the athletic apparel company’s shares are back to all-time highs. “Nike is in the early innings of a massive digital transformation” that is much more profitable in the U.S. than its wholesale...