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Why Nike Stock Jumped 11% in September

TheMotleyFool

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Shares of Nike (NYSE: NKE) gained 11.1% last month, according to data provided by S&P Global Market Intelligence.

The expectations implied in the sneaker giant's high valuation were validated when the company announced another stellar quarter in late September, which sent the stock to an all-time high.

Image source: Nike.

Source Fool.com

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