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Nike Inc. Has Risen To A New High On Q3 Results

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Nike Inc. (NKE) reported third quarter EPS of $1.01 after the close Wednesday, which came in above the consensus estimate of $0.89.

Nike Inc. gapped open sharply higher Thursday morning and is now up 3.50 at $74.38. The stock has been on an uwpard trend since early February and has set its second consecutive new high for the year.

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Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.