Nike Inc. (NYSE:NKE) Signs Big Olympic Deal

Nike Inc. (NYSE:NKE) has inked a sponsorship extension with the U.S. Olympic Committee. Nike Inc. (NYSE:NKE) Signs Big Olympic Deal Nike Inc. (NYSE:NKE) has extended its sponsorship of the United States Olympic and Paralympic teams until the 2016 Games in Rio de Janeiro. Nike Inc. (NYSE:NKE) will also provide award uniforms for the 2014 and 2016 US Youth Olympic teams, and the 2015 Pan American and Parapan American teams in Toronto. Elliott Hill, the general manager for Nike Inc. (NYSE:NKE) North America said in a news release that, "The Olympic Games represent Nike's core DNA — to provide innovation and inspiration to athletes at the highest level." Nike Inc. (NYSE:NKE) shares are currently standing at 78.13. Price History Last Price: 78.13 52 Week Low / High: 66.34 / 92.49 50 Day Moving Average: 83.49 6 Month Price Change %: -5.7% 12 Month Price Change %: 4.6%
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