Nike Down Nearly 13%, On Pace for Largest Percent Drop Since February 2001 -- Data Talk
March 18 2020 - 3:31PM
Dow Jones News
NIKE, Inc. Class B (NKE) is currently at $60.97, down $8.87 or
12.7%
-- Would be lowest close since Dec. 7, 2017, when it closed at
$60.60
-- On pace for largest percent decrease since Feb. 27, 2001,
when it fell 19.46%
-- On Monday, Wells Fargo cut its price target on Nike to
$87.00/share from $99.00/share, Benzinga reported
-- U.S. retailers are closing hundreds of stores across the
country, unprecedented moves to stem the spread of the new
coronavirus
-- Currently down four of the past six days
-- Down 31.79% month-to-date
-- Down 39.82% year-to-date
-- Down 41.7% from its all-time closing high of $104.58 on Jan.
21, 2020
-- Down 29.67% from 52 weeks ago (March 20, 2019), when it
closed at $86.69
-- Down 41.7% from its 52 week closing high of $104.58 on Jan.
21, 2020
-- Would be a new 52 week closing low
-- Traded as low as $60.00; lowest intraday level since Dec. 7,
2017, when it hit $59.65
-- Down 14.09% at today's intraday low
-- 10th worst performer in the DJIA today
-- Subtracted 60.14 points from the DJIA so far today
All data as of 2:50:12 PM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
March 18, 2020 15:16 ET (19:16 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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