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Nike Inc. (NKE) Is Gaining Ground After Q3 Report

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Nike Inc. (NKE: Quote) reported third quarter net income of $1.20 per share after the bell Thursday, up from $1.08 per share last year. The consensus estimate was for EPS of $1.17. The stock is now up 1 point on 348K shares.

Nike Inc. traded in a range for the majority of Thursday's session and closed up by 0.55 at $110.99 on above average volume. The stock finished near the middle of a week and a half long range at the highs of the year.

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by RTT Staff Writer

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