Nike traded at $43.20 this Monday June 22nd, decreasing $2.00 or 4.42 percent since the previous trading session. Looking back, over the last four weeks, Nike lost 3.87 percent. Over the last 12 months, its price fell by 28.92 percent. Looking ahead, we forecast Nike to be priced at 44.27 by the end of this quarter and at 41.59 in one year, according to Trading Economics global macro models projections and analysts expectations.
NIKE, Inc. is engaged in the designing, marketing and distributing of athletic footwear, apparel, equipment and accessories for sports and fitness activities. The Company's operating segments include North America, Europe, Middle East & Africa (EMEA), Greater China, and Asia Pacific & Latin America (APLA). It focuses its NIKE Brand product offerings in categories such as Running, NIKE Basketball, the Jordan Brand, Football (Soccer), Training and Sportswear. It also markets products designed for kids, as well as for other athletic and recreational uses such as American football, baseball, cricket, golf, lacrosse, skateboarding, tennis, volleyball, walking, wrestling and other outdoor activities. It sells a line of performance equipment and accessories under the NIKE Brand name, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment and other equipment designed for sports activities.