Summary of Nike Stock BY cynthta1029 Summary Nike, Inc. is an American multinational corporation that is engaged in the design, development and worldwide marketing and selling of footwear, apparel, equipment, accessories and services. Now, it is the one of the most popular in the businesses in the world, most of people will choose Nike for their first chose. The date that the Nike’s stock went public is December 2nd, 1980. Our group has recorded the stock information by 30 days (Form Oct 20th to Nov 20th).
In this period, we discovered that there were factor can affect the price of Nicks stock. For example, from October 7th to 9th, the stock researched the really high point which is $70. 28 to $73. 44 because American government shouted down and they may don’t need to pay the tax for the staff. The Nike’s revenue grows by products sale and cheap workers in Asia. Form Sep 4th to Sep 1 5th, the stock has fallen 9. 1% in mid-morning trading which is their biggest drop since September 2001.
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In the period that we has recorded, the stock went up approximately. We think Nike’s Stock is the stock that can make people to earn money. Our stock Calculator shows us: if a person invested $ 10, 00 of stock on that opening day, the worth will be $160,540. 40 today. The dividend of a stock also should be taken into account when people is measuring the value of Nike’s stock. A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits.
When a corporation earns a profit or surplus, it can either re-invest it in the business or it can distribute it to shareholders. Our group thinks Nike is offering a good amount on these items. Nike uses a good way to get what they want and also a good choice. Nike sales many kinds f sports items. For the comparison between Nike and other known publically traded companies, Nike incorporated is a multi-billion dollar corporation that started from two entrepreneurs taking advantage of changes of culture and life styles in modern society.
It is increase by 8 percent to $7. 0 billion. Changes in foreign currency exchange rates did not have a significant impact on total reported revenue growth. Board of directors is also very important for our research. The main purpose of Nike director is identifying individuals qualified to become Board members. The Committee members will meet the applicable independence requirements of the New York Stock Exchange (“NYSE”) Listed Company Manual, and any other legal requirements applicable to Committee members.
The requirement of a board members criteria & independence is experience, education and knowledge and individual characters. Over 40 years after that handshake Nike maintains the very same integrity fundamental to their commitment to bring inspiration and innovation to every athlete in the world. Nike’s Code of Business Conduct & Ethics, “Inside the Lines”, is a reflection of that commitment and serves to formalize the principles nder which we operate. Corporate officers are Philip Hampson who is an American business magnate and philanthropist. nd William Jay who was an American track and field coach and co-founder of Nike, Inc. Nike, the company has nearly 100 Employees engaged in research and development Work, he launched the “puffs sub sole” program, so Nike The company’s sales by the 1972 In 200 million increase To 1976 1400 $ 30 million. In our conclusion, Nike’s stock is a good stock to invest. It’s a stock that has a lot of room to grow, and their products are much better than the competitors.