Nike stock rallies after earnings beat, boosting Foot Locker shares

by user

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Here are the day’s biggest movers:

Stock gainers:

Nike shares
NKE,
+0.23%

rallied 8% as the apparel maker that’s also part of the Dow Jones Industrial Average
DJIA
reported better-than-expected earnings, news that also lifted shares of European rivals including Adidas
ADS,
+5.99%
.

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