Nike Inc is trading 4.2% up at $45.81 as shares rebound alongside a strong broader market risk-on move.
- The gain follows a recent selloff triggered by an RBC Capital Markets downgrade and price-target cut.
- Investors appear to be dip-buying the stock as major indices rally and overall market sentiment improves.
- There are no fresh company-specific headlines today, suggesting the move is driven by technical recovery and macro factors.