Nike is one of the most recognizable names in the world of sports, apparel, and footwear. It is the largest supplier of athletic shoes and apparel and the most valuable brand in the world. As such, it is natural for investors to wonder if Nike is publicly traded. The answer is yes, Nike is a publicly traded company and its stock is traded on the New York Stock Exchange (NYSE) under the ticker symbol NKE. In this article, we will explore how Nike became publicly traded, its current share price, and the advantages and disadvantages of investing in Nike stock.
Yes, Nike is publicly traded. It is listed on the New York Stock Exchange under the ticker symbol NKE. Nike has been publicly traded since December 1980, and its shares have outperformed the S&P 500 over the long term.
Is Nike Publicly Traded?
Nike is a publicly traded company, listed on the New York Stock Exchange under the ticker symbol “NKE”. The company was founded in 1964 and has since become one of the world’s leading sports apparel, footwear and equipment manufacturers. As of 2020, Nike has a market capitalization of over $130 billion, making it one of the largest publicly traded companies in the world.
History of Nike’s Stock
Nike’s stock has been publicly traded since December 1980, when it first began trading on the New York Stock Exchange. Since then, the company’s stock has experienced significant growth, with its stock price increasing from around $2 per share in 1980 to over $100 per share in 2020.
Benefits of Investing in Nike
Nike’s stock has proven to be a profitable investment for shareholders, with the company consistently outperforming the market and providing investors with strong returns. Additionally, Nike’s strong brand recognition and long-term prospects make it an attractive stock for investors looking to diversify their portfolios.
How to Invest in Nike
Investing in Nike’s stock is simple and can be done through any major broker. Investors can purchase shares of Nike’s stock directly through the company’s website or through a broker such as Fidelity, Schwab or E-Trade. Additionally, investors can invest in Nike’s stock through a mutual fund or exchange-traded fund (ETF).
Conclusion
Nike is a publicly traded company and one of the world’s largest by market capitalization. The company’s stock has proven to be a profitable investment for shareholders, with the company consistently outperforming the market and providing investors with strong returns. Investing in Nike’s stock is easy and can be done through any major broker.
Related FAQ
Is Nike Publicly Traded?
Answer: Yes, Nike is publicly traded on the New York Stock Exchange under the stock symbol “NKE”. The company first went public on December 2nd, 1980 with an initial public offering of $22 per share. Since then, the stock has grown tremendously, reaching a peak price of $95.33 per share in November of 2019.
Where Is Nike Listed?
Answer: Nike is listed on the New York Stock Exchange (NYSE) under the stock symbol “NKE”. The stock has been traded continuously on the NYSE since its initial public offering on December 2nd, 1980.
What Is Nike’s Stock Price?
Answer: As of August 4th, 2020, Nike’s stock price is $93.99 per share. The stock has risen significantly since its initial public offering in December 1980, when the price was $22 per share.
What Is Nike’s Market Capitalization?
Answer: As of August 4th, 2020, Nike’s market capitalization is $136.55 billion. This is calculated by multiplying the current stock price of $93.99 per share by the total number of shares outstanding, which is 1.45 billion.
What Is Nike’s Dividend Yield?
Answer: As of August 4th, 2020, Nike’s dividend yield is 0.85%. This is calculated by dividing the annual dividend per share of $0.77 by the current stock price of $93.99 per share. The dividend yield indicates the return that investors can expect to receive from their investment in Nike’s stock.
What Is Nike’s Beta?
Answer: Nike’s beta is 0.65, which indicates that its stock price is less volatile than the overall stock market. Beta is a measure of a stock’s volatility relative to the overall stock market, with a beta of 1.0 indicating that a stock is just as volatile as the overall stock market. A stock with a beta less than 1.0 is less volatile than the overall stock market.
In conclusion, Nike is indeed a publicly traded company. It is listed on the New York Stock Exchange under the symbol NKE, giving it the status of a publicly traded company. As such, it is subject to the various regulations and laws that govern the stock market and the trading of securities. For those looking to invest in a company that has a strong and long-standing brand, Nike is an excellent choice.
