Nike Stock Slumps to 129th in Trading Volume Ranking as Shares Drop 41.46 Percent

On May 28, 2025, Nike Inc. (NKE) experienced a significant drop in trading volume, with a total of $606 million in shares traded, marking a 41.46% decrease from the previous day. This decline placed Nike at the 129th position in terms of trading volume among all stocks for the day. The stock price of Nike also decreased by 1.67%.

Nike Inc. recently reported its earnings results for the quarter ending March 20th. The company announced earnings per share (EPS) of $0.54, which is a key metric for investors to assess the company's financial performance. This earnings report is crucial for understanding Nike's current financial health and future prospects.

Additionally, Nike's stock has been trading within a 52-week range of $52.28 to $98.04, indicating the volatility and potential for price movements. The company's market capitalization stands at $92.74 billion, with 1.18 billion shares outstanding and a public float of 1.16 billion shares. The beta value of 1.06 suggests that Nike's stock price movements are closely aligned with the overall market trends.

Technical analysis of Nike's stock reveals that the current price is above the rising 20-day simple moving average (SMA) and above the declining 50-day SMA. This technical indicator suggests a bullish trend in the short term, as the stock price is trending above key moving averages. However, investors should consider other factors, such as earnings reports and market conditions, when making investment decisions.