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

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December 21, 2018 — 09:37 am EST

Written by RTTNews ->

(RTTNews.com) - 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.

Read the original article on RTTNews (http://www.rttnews.com/2965022/nike-inc-nke-is-up-sharply-after-q2-profit-topped-expectations.aspx)

For comments and feedback: contact editorial@rttnews.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
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