Nike Shares Hit Record High After Impressive Q4 Growth

Shares in Nike Inc. rose to an all-time high on Friday following the sneaker giant's publishing of its impressive Q4 report.Nike on Thursday released its financial results for its fiscal 2021 fourth quarter and full year that ended May 31, 2021. In the filing, Nike said its fourth quarter reported revenues were $12.3 billion USD -- a 96 percent increase from the year before and a 21 percent increase from the same period in 2019.In addition, full year reported revenues were up 19 percent to $44.5...