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Stock impact report

New Social Norms Buy Solo Workout Equipment Makers

Nike, Inc. (NKE) 
Last nike, inc. earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.nike.com/home/default.aspx
Company Research Source: PR Newswire
NEW YORK, April 8, 2020 /PRNewswire/ -- The sports equipment and accessories industry is witnessing considerable growth around the world. Particularly, the increasing adoption of sports and recreational activities by people for stress management and growing health awareness is having a profound effect. Widespread media coverage of several global sports events, such as FIFA World Cup, Commonwealth Games, as well as Olympic Games, further amplifies their popularity and enlarges the global influence of sports, thus encouraging youth to take part in the activities. Recently, with the global pandemic disrupting public sport events and activities, equipment that can be used for independent exercise or practice has been in high demand. Such products include home gym equipment and various machines designed to help enable solo practice, such as tennis ball machines and the solo swing training machines for baseball. Overall, the global sports equipment market size is expected to reach USD 89.22 Show less Read more
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