Summary of Nike Stock

Topics: Stock, Board of directors, Corporation Pages: 2 (578 words) Published: December 12, 2013
Nike, Inc. is an American multinational corporation that is engaged in the design, development and worldwide marketing and selling of footwear, apparel, equipment, accessories and services. Now, it is the one of the most popular in the businesses in the world, most of people will choose Nike for their first chose.

The date that the Nike’s stock went public is December 2nd, 1980. Our group has recorded the stock information by 30 days (Form Oct 20th to Nov 20th). In this period, we discovered that there were factor can affect the price of Nick’s stock. For example, from October 7th to 9th, the stock researched the really high point which is $70.28 to $73.44 because American government shouted down and they may don’t need to pay the tax for the staff. The Nike’s revenue grows by products sale and cheap workers in Asia. Form Sep 4th to Sep 15th, the stock has fallen 9.1% in mid-morning trading which is their biggest drop since September 2001. In the period that we has recorded, the stock went up approximately. We think Nike’s Stock is the stock that can make people to earn money. Our stock Calculator shows us: if a person invested $ 10, 000 of stock on that opening day, the worth will be $160,540.40 today.

The dividend of a stock also should be taken into account when people is measuring the value of Nike’s stock. A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits. When a corporation earns a profit or surplus, it can either re-invest it in the business or it can distribute it to shareholders. Our group thinks Nike is offering a good amount on these items. Nike uses a good way to get what they want and also a good choice. Nike sales many kinds of sports items. For the comparison between Nike and other known publically traded companies, Nike incorporated is a multi-billion dollar corporation that started from two entrepreneurs taking advantage of changes of culture and...
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