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Nike Stock – More Popular As Stock Split Makes It Cheaper

one real share of Nike stock certificate

Nike Stock Certificate

 

Nike’s 2 for 1 stock split on December 26th drastically lowered its stock price.  As a result, we lowered our price on a shares of Nike stock and have seen heavy demand.  Must have been a lot of sports fans waiting in the wings.  Will be interesting to see if there is any Lance Armstrong impact on Nike.  I have heard that other sponsors like the US Post Office are suing him because of no drug requirements in their contract.  I assume that Nike had the same type of clauses but who knows.

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