Shares of Nike Inc. Cl B NKE, -1.24% slipped 1.24% to $111.45 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.61% falling 0.61% to 3,995.32 and Dow Jones Industrial Average DJIA, -0.42% falling 0.42% to 33,966.35. The stock’s fall snapped a two-day winning streak. Nike Inc. Cl B closed $59.74 below its 52-week high ($171.19), which the company reached on December 21st.
Trading volume (7.3 M) remained 709,473 below its 50-day average volume of 8.0 M.