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Sohini Mondal

YOU WONT BELIEVE: Is nike stock underperforming the dow - You Need To See This

With a market cap of $89.6 billion, NIKE, Inc. (NKE) engages in the designing, marketing, and distributing of athletic footwear, apparel, equipment, and accessories and services for sports and fitness activities. Based in Beaverton, Oregon, the company's geographic segments include North America, Europe, Middle East & Africa (EMEA), China, and Asia Pacific & Latin America (APLA).

Companies valued at $10 billion or more are generally labeled as “large-cap” stocks, and NIKE fits this description perfectly. NIKE designs, distributes, and licenses casual sneakers, apparel, and accessories under the NIKE, Jumpman, Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.

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