Nike (NKE) Increases Yet Falls Behind Market: What Investors Need to Know

The most recent trading session ended with Nike (NKE) standing at $101.76, reflecting a +0.23% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 1.25% for the day. On the other hand, the Dow registered a gain of 0.97%, and the technology-centric Nasdaq increased by 1.3%.The athletic apparel maker's stock has dropped by 2.41% in the past month, falling short of the Consumer Discretionary sector's gain of 0.91% and the S&P 500's gain of 1.58%.The i ...