Nike Stock News

Economically sensitive issues, including big index funds, could enter a correction in January that favors aggressive short sales.

NIKE, Inc. (NYSE:NKE) CAO Hilary K. Krane sold 10,750 shares of the stock in a transaction on Wednesday, December 15th. The stock was sold at an average price of $165.00, for a total value of $1,773,750.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. NYSE []

Hi there. Welcome to the end of another fantastic week. Its a busy week in the tech world, The post Global Tech Roundup; Nike to sell virtual sneakers in the metaverse and others appeared first on Technext .

Transform Wealth LLC raised its position in NIKE, Inc. (NYSE:NKE) by 10.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,413 shares of the footwear makers stock after buying an additional 231 shares during the quarter. Transform Wealth []

Adidas'' first NFT effort appears to have been a success. The Block has learned the collaboration with Bored Ape Yacht Club, Gmoney and Punks has raked in more than $23 million in Ethereum between a $15.5 million "Early Access" phase and $7.5 million in a general sale. All told, the drop minted nearly 30,000 NFTs despite a hiccup that led Adidas to pause early transactions. The number may not sound large for such a well-known brand, but Adidas managed the equivalent of $538.4 million in profit during its latest quarter $23 million from a limited-run digital release is significant. More sales like this could pad Adidas'' bottom line while giving NFTs the hype levels previously reserved for sneakers . There''s a good chance you''ll see more NFT releases as a result, not to mention greater involvement in metaverses. Not that Adidas necessarily has much choice. Nike bought RTFKT precisely to deepen its involvement with NFTs and metaverse collectibles like shoes, and Adidas risks ceding ground if it doesn''t counter one of its most obvious rivals.

SPORTS DIRECT is the ideal shopping destination to find gifts for fitness fans and whether youre looking to treat with new shoes or clothing, theres plenty of choices that make perfect gifts. With brands including Nike, Adidas and more, here are the best presents to give to your loved ones order now so it Continue reading Sports Direct Christmas gift guide 2021: Best Nike, Adidas trainers and clothes to buy Sports Direct Christmas gift guide 2021: Best Nike, Adidas trainers and clothes to buy

Wells Fargo & Company began coverage on shares of NIKE (NYSE:NKE) in a research report sent to investors on Wednesday morning, The Fly reports. The firm issued an equal weight rating and a $175.00 target price on the footwear makers stock. NKE has been the subject of a number of other reports. Telsey Advisory Group []

Adidas has entered the NFT league. On Friday, the sportswear firm will debut a new line of NFTs called Into the Metaverse, which will grant consumers access to a virtual fan club. NFT owners will be able to purchase limited-edition apparel, and Adidas claims that members will help define the products and experiences that the business creates for its NFT community. Adidas Leads NFT Adoption Adidas has unveiled Originals: Into the Metaverse, a non-fungible token (NFT) collection created in collaboration with non-fungible token (NFT) collections Bored Ape Yacht Club, PUNKS Comic, and crypto influencer Gmoney. Nearly 30,000 NFTs will be offered for purchase at a fixed price, with 20,000 reserved for early access sales to owners of partner collections. Erika Wykes-Sneyd, VP of Brand Communications, Adidas Originals said, “This is where people spend their time, how they want to express themselves and what’s going to force brands to act in ways that no one’s comfortable with yet, and it is already in our DNA to be a true collaborator brand.” During the last week of November, the sneaker and sportswear company announced a team up with Coinbase, calling the metaverse “exciting.” Adidas also hinted at collaborating with The Sandbox, a metaverse game.

Brokerages expect NIKE, Inc. (NYSE:NKE) to report $0.63 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have provided estimates for NIKEs earnings. The lowest EPS estimate is $0.51 and the highest is $0.75. NIKE reported earnings of $0.78 per share in the same quarter last year, which would []

The market rally is chopping up investors financially and mentally. Microsoft, Nio Day and Micron earnings are in focus. The post Dow Jones Futures: Why This Market Rally Is So Dangerous; Nio, Microsoft, Tesla, Micron, Nike In Focus appeared first on Investor''s Business Daily .

LA Financiere DE L Echiquier lessened its stake in NIKE, Inc. (NYSE:NKE) by 15.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 14,179 shares of the footwear maker’s stock after selling 2,567 shares during the period. LA Financiere DE L Echiquier’s holdings in NIKE were worth $2,060,000 as of its most recent filing […]

Kingfisher Capital LLC increased its holdings in shares of NIKE, Inc. (NYSE:NKE) by 2.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 24,402 shares of the footwear maker’s stock after purchasing an additional 518 shares during the period. Kingfisher Capital LLC’s holdings in […]

Photo by julien Tromeur on Unsplash The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The metaverse will likely be big. As companies scramble to cash in on the concept, hype and excitement abound. Meta Platforms Inc. (NASDAQ: FB ) announced it will be the central theme of its future business. Nike Inc. (NYSE: NKE ) and Adidas AG - ADR (OTCMKTS: ADDYY) have created non-fungible tokens (NFTs) that may one day be traded in-world, and Jack Dorsey has stepped down as CEO of Twitter Inc. (NASDAQ: TWTR ) to focus on Square Inc. (NYSE: SQ ) with new ventures into cryptocurrency. Color Star Technology Co. Ltd. (NASDAQ: CSCW ) has made recent announcements that the company hopes will allow it to better compete in the metasphere. As an entertainment technology company, Color Star plans to continue to increase investment in developing projects such as its metaverse and NFTs. In this regard, the company''s global celebrity interactive platform, the Color Star app, will reportedly be upgraded to become a new entertainment metaverse platform in December.

By Betsy Burton This week, Nike announced it is buying RTFKT Studio for an undisclosed amount of money. Based on the company size and current product line, we would guess that the purchase was approximately $3-5 million. RTFKT was started by three friends in 2020. The company is focused on merging gaming, blockchain, game engines,