NetworkNewsBreaks – Nike, Inc. (NYSE: NKE) Featured in Analysis Report

June 26, 2020 12:42:23

Nike (NYSE: NKE) was featured in a recent LikeFolio analysis report that discussed its capability to power through a consumer lockdown to now near pre-corona highs despite a month-and-a-half of global store closings and partial re-openings. The report, written by LikeFolio Founder Andy Swan, reads, “Nike’s stock has nearly recovered from March lows and the company will likely report some pain from store closings. But a long-term bullish lens is undeniable. The digital numbers are about to be insane.”

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About Nike, Inc.

Nike, Inc., based near Beaverton, Oregon, is the world’s leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Converse, a wholly-owned Nike, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories.

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