Nike Inc. (NKE) Is Up Sharply After Q2 Profit Topped Expectations

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( - Nike Inc. ( NKE ) reported second quarter EPS of $0.52 after the bell Thursday, compared to $0.46 last year. Analysts expected EPS of $0.46.

Nike has gapped open sharply higher Friday morning and is now up 5.62 at $73.15 on above average volume. The stock has rebounded after over a 2-week pullback.

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