Nike (NKE) closed at $114 in the latest trading session, marking a +0.11% move from the prior day.
Shares of shoemaker Skechers (NYSE: SKX) have been on a wild ride. Since the company released its second-quarter 2022 earnings report, I've put Skechers on a short leash, and might sell the whole position later this year. The company's direct-to-consumer segment (sales from its website and retail stores) grew 38%.
Yahoo Finance's Josh Schafer breaks down a new report that found crypto companies have spent billions of dollars towards sports marketing.