This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Nike Inc. Cl B shed 3.6% to $33.87 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,722.72 and the Dow Jones Industrial Average rising 0.5% to 51,176.96.

This was the stock's fourth consecutive day of losses.

Nike Inc. Cl B closed 56.0% short of its 52-week high of $76.97, which the company achieved on October 2nd.

The stock underperformed when compared to some of its peers, as VF Corp. fell 0.6% to $14.33, Under Armour Inc. Cl C rose 1.3% to $4.59, and Under Armour Inc. Cl A rose 1.51% to $4.71.

Trading volume totaled 141.7 million, compared to the 50-day average of 30.5 million.

Data source: Dow Jones Market Data, FactSet