|Bid||169.65 x 800|
|Ask||170.25 x 3200|
|Day's range||169.84 - 171.79|
|52-week range||125.44 - 179.10|
|Beta (5Y monthly)||0.94|
|PE ratio (TTM)||45.15|
|Earnings date||21 Dec 2021|
|Forward dividend & yield||1.22 (0.72%)|
|Ex-dividend date||03 Dec 2021|
|1y target est||179.97|
Nike (NYSE: NKE) is wasting no time getting into the metaverse. The footwear and apparel giant recently launched a virtual environment on the Roblox (NYSE: RBLX) gaming platform. In this video from The Virtual Opportunities Show, broadcast on Nov. 30, Motley Fool contributors Demitri Kalogeropoulos, Asit Sharma, and Rachel Warren discuss how the move fits with Nike's broader goals and what it means for other companies looking to monetize experiences in the metaverse niche.
Roblox (NYSE: RBLX) has been the metaverse darling of Wall Street since its direct listing earlier this year. For example, Morgan Stanley estimated the revenue opportunity for luxury brands selling virtual goods on metaverse platforms could reach $56 billion by 2030, but this opportunity could apply to non-luxury brands as well. Here's why Nike (NYSE: NKE) is well-positioned to tackle the metaverse.
Nike (NKE) closed the most recent trading day at $168.91, moving -0.78% from the previous trading session.