Piper Sandler downgrades Nike, questions whether athleisure boom has peaked

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NIKE Inc. (NYSE: NKE) Delayed: 35.75 -0.24 (0.67%)
Previous Close $35.99    52 Week High $136.38 
Open $35.25    52 Week Low $49.01 
Day High $36.18    P/E 12.16 
Day Low $35.22    EPS $2.94 
Volume 38,239,097