Here's Why Nike (NKE) Fell More Than Broader Market

The latest trading session saw Nike (NKE) ending at $78.85, denoting a -0.24% adjustment from its last day's close. The stock's change was less than the S&P 500's daily loss of 0.03%. Elsewhere, the Dow lost 0.61%, while the tech-heavy Nasdaq added 0.56%. Prior to today's trading, shares of the athletic apparel maker had lost 11.58% over the past month. This has lagged the Consumer Discretionary sector's gain of 0.88% and the S&P 500's gain of 1.39% in that time. Analysts and investors alike will be keeping ...