Nike (NKE) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Nike (NKE) closed at $98.31 in the latest trading session, marking a -1.24% move from the prior day. This change lagged the S&P 500's daily loss of 1.02%. Elsewhere, the Dow lost 1.04%, while the tech-heavy Nasdaq lost 1.65%.The athletic apparel maker's shares have seen a decrease of 0.14% over the last month, not keeping up with the Consumer Discretionary sector's gain of 1.11% and the S&P 500's gain of 3.64%.The upcoming earnings release of Nike will be of great interest to investors. The company's earnin ...