Nike stock slips after hours as traders eye Jordan x Levi’s drops and weak chart signals
Nike shares fell 1.1% to $62.35 in after-hours trading Wednesday, after dipping below key 50- and 200-day moving averages. The stock remains well below its 52-week high, with traders eyeing upcoming Jordan Brand and Levi’s releases on Feb. 13 and Feb. 20 for signs of demand.