Stocks
Nike Stock Plunges to New Lows Amid Broader Market Weakness
Nike's stock price closed at USD 35.78 on the NYSE on September 16, 2026, down 1.21% from the previous session and near multi-year lows.
The shares ended the day more than 50% below their 52-week high of USD 76.97, underscoring the scale of the recent drawdown in the stock.
Nike Inc. (ISIN US6541061031, NYSE: NKE) finished the session at a closing price of USD 35.78, having traded between an intraday low of USD 35.40 and an intraday high of USD 36.45.
The decline outpaced major US equity benchmarks, with the Dow Jones Industrial Average falling about 1.21% and the S&P 500 slipping around 0.4%, after the Federal Reserve's latest interest rate increase.