finance
Nike Stock Approaches 2014 Closing Low of $39.88
Nike shares traded near a level last seen in September 2014 when LeBron James rejoined the Cleveland Cavaliers. The stock closed at $39.88 on Sept. 25, 2014, and has not reached that price since until recent sessions.
May 17, 5:06 PM·1m read1 source
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Nike shares have approached a price level not recorded since September 2014. On Sept. 88, a figure that stood as the lowest closing price at the time. The same date marked LeBron James's return to the Cleveland Cavaliers.
The basketball player rejoined his hometown team that month. Current trading has brought the share price close to the 2014 closing low. The company has not reported any specific corporate events tied to the recent price movement.
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