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

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.

by RTTNews Staff Writer

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