How much was Nike stock in 1983? (2024)

How much was Nike stock in 1983?

Nike stock closed at 25 cents per share on Sept. 15, 1983 (shorturl.at/bgFK4), making the value of 500 shares on that day approximately $125. Davidson told Rovell in 2016, “I haven't cashed in a single share of the original stock, but the shares have split a bunch of times and I have sold some of that stock.”

What was Nike's first stock price?

Nike went public with a price of $23 per share, and the company has had 7 stock splits since then as follows: 2-for-1 on the 7^th of January 1983; 8^th of October 1990; 31^st of October 1995; 2-for-1 on the 24^th of October 1996; 2-for-1 on the 3^rd of April 1997; 2-for-1 on the 26^th December 2012; and 2-for-1 on the 24^th ...

How much money did Nike make in 1984?

How much was Nike in 1980?

Investing $1,000 In Nike IPO: Nike went public in December 1980 with an offering price of $22. A $1,000 investment in Nike shares at IPO could have purchased 45.45 shares.

How much was Nike stock in 1993?

The closing price for Nike (NKE) in 1993 was $1.07, on December 31, 1993. It was down 44.4% for the year. The latest price is $95.77.

What was Nike stock worth in 1985?

The closing price for Nike (NKE) in 1985 was $0.15, on December 31, 1985. It was up 73.8% for the year.

Does Nike still pay Michael Jordan?

Does Nike still pay Michael Jordan? Yes. Nike still produces Air Jordans—reportedly, there's no end in sight—and therefore, Jordan still gets paid by the company behind the Swoosh.

Does Michael Jordan still get royalties from Nike?

The scary thing is that the five per cent royalty Jordan receives will continue to explode in coming years with Nike setting ambitious targets about the brand's growth. The 60-year-old's 2023 royalties jumped more than $100m (US$70m) this year from the amount he received in 2022.

Did Nike really pay Jordan's fines?

The NBA wasn't too happy about Jordan's flashy kicks and started fining him $5,000 for each game he wore them. But that didn't deter Jordan or Nike. In fact, Nike embraced the controversy and even paid Jordan's fines. They turned it into a marketing goldmine.

How much was 500 shares of Nike stock in 1983?

Nike stock closed at 25 cents per share on Sept. 15, 1983 (shorturl.at/bgFK4), making the value of 500 shares on that day approximately $125. Davidson told Rovell in 2016, “I haven't cashed in a single share of the original stock, but the shares have split a bunch of times and I have sold some of that stock.”

What Nike was released in 1983?

1983. The Air Pegasus is first launched as an accessible running shoe suitable for all runners. The Pegasus line continues to this day, with an annual update schedule.

Who turned down Nike?

In 1979, Johnson turned down a sneaker deal from Nike that included stock in the company, which is now valued at $5.2 billion.

How many times has Nike stock split since 1980?

Nike also has a long history of splitting its stock, executing seven 2-for-1 stock splits since its initial public offering in 1980. In other words, if you owned 1 share of the stock back then, you would have 128 today.

What was the price of Disney stock in 2005?

The closing price for Walt Disney (DIS) in 2005 was $19.60, on December 30, 2005. It was down 12.9% for the year. The latest price is $112.97.

What was Nike stock in 2015?

The closing price for Nike (NKE) in 2015 was $57.07, on December 31, 2015. It was up 30.8% for the year. The latest price is $94.18.

How much stock does Michael Jordan own in Nike?

Although the original percentage of Jordan's share in Nike is not widely known, it is estimated to be about 5% of every Nike Jordan sale made. Back in 1984, when Nike allowed Jordan to make his own line of signature shoes, Nike had only projected to make $3 million worth of sales.

What year did Nike go public?

By 1980, Nike had attained a 50% market share in the U.S. athletic shoe market, and the company went public in December of that year.

Has Nike stock ever split?

Nike stock (symbol: NKE) underwent a total of 6 stock splits. The most recent stock split occured on December 24th, 2015.

How much money did Nike make in 1981?

1981 marked another impressive year for NIKE. With 1981 revenues of nearly $458 million, NIKE is clearly the leader in the branded, high quality, athletic shoe industry in the United States.

What was Nike stock in 1990?

The closing price for Nike (NKE) in 1990 was $0.93, on December 31, 1990. It was up 44.9% for the year. The latest price is $94.02.

How much was Nike stock in 1994?

The closing price for Nike (NKE) in 1994 was $1.73, on December 30, 1994. It was up 61.2% for the year. The latest price is $92.29.

Who are the 4 NBA billionaires?

Former NBA point guard Magic Johnson is now a billionaire, joining fellow NBA players Michael Jordan and LeBron James as well as golfer Tiger Woods as the only athletes to do so.

How much has LeBron made from Nike?

Like most NBA stars, the biggest deal for both is their shoe contracts. James signed a lifetime deal with Nike in 2019 that pays more than $30 million annually.

Why did Tiger leave Nike?

Nike needed to make some changes and cut some costs and they want out of golf. Things worked well while Tiger sas No. 1, but since the 2009 Thanksgiving incident at TIger's Florida home, things haven't been great for Woods on the course.

What percentage of Air Jordan did Michael Jordan get?

Michael Jordan earns a reported 5% on Jordan Brand sales in his licensing deal with Nike. The relationship between Jordan and Nike has been made into a movie directed by Ben Affleck.