Dow Stock Nike Fakes Out Fleeing Hedge Funds

Dow Jones stock Nike has seen its value increase by 25% year-to-date, but some big investors aren’t convinced that it has more runway for gains. The consumer stock recently fell out of favor with hedge funds, who according to a report in Insider Monkey have been dumping NKE shares. The hedge fund tracking website revealed … Read more

Nike (NKE) Swooshes China After US Backlash as the Biggest Premarket Gainer

Sportswear giant Nike (NYSE:NKE) is Wednesday’s biggest premarket gainer after its stock rose by slightly over 6% ahead of the opening bell following the release of its first quarter results. After closing Tuesday at $87.18 Nike rose by 6.04% in pre-market hours to reach $92.45. With the pre-market gain, Nike’s stock has reached a new … Read more

What Trade War? Nike (NKE) Stock Soars to Record High After Stunning Earnings

NIKE Inc. stock (NKE) skyrocketed to all-time highs in after-hours trade on Tuesday on the back of an impressive earnings result. Against the backdrop of a stock market ravaged by impeachment concerns, investors were amazed how a company with massive China exposure looks to have wholly evaded any ill-effects from President Trump’s trade war.  Very … Read more

Dow Jones Stock Nike Looking Strong Heading into Q1 Report

As Dow Jones stock Nike prepares to release its quarterly results after the markets close on Tuesday, many are wondering if it’s a good time to invest in the sneaker giant. Despite a lackluster earnings report for the fiscal fourth quarter, there are signs that point to the athletic conglomerate rising high into 2020. Swoosh! … Read more

This Trade-War Sensitive Dow Jones Stock Is on the Index’s Leaderboard

In a welcome sight, nearly all 30 Dow Jones stocks are trading in the green today. One of the leaders in the Dow Jones is athletic company Nike (NKE), which is a bit surprising considering that it is dangerously exposed to China. It’s only up 2 percent, but it’s not too far away from today’s … Read more

Nike Shushes Naysayers, Signs Zion ‘Exploding Shoe’ Williamson to Jordan Brand

Last February, the star of the Duke University basketball squad literally blew his Nike sneaker during a game. Zion Williamson, and the rest of America, was astonished by the incident. Even worse, Zion Williamson sprained his knee. This could have been a PR disaster for Nike. Instead, Nike has capitalized on the incident by signing … Read more