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Posted by
Two Blokes Jun 29 -
Filed in
Stock
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Nike (NYSE: NKE) stock has increased by over 20% in the past five days; however, it still remains down 5% year-to-date, trailing the S&P 500's 4% rise. The company disclosed fourth-quarter earnings that exceeded expectations — revenue fell by 12% to $11.1 billion, surpassing analyst estimates.
