Why Nike, Inc. Stock Is Up 16% So Far This Year
In a volatile year for the sneaker giant, shares of Nike, Inc. (NYSE: NKE) have climbed 16% through July 20, according to data from S&P Global Market Intelligence. The stock has gained recently thanks to a strong fourth-quarter earnings report in June and a new partnership with Amazon.
Image source: Nike.
As the chart below shows, however, there have been plenty of setbacks along the way:
Source: Fool.com