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With the holidays right around the corner, Nike Inc's (NYSE:NKE) mobile app is seeing an increase in usage.
The Nike app is ranked 34th on the "Top Free Apps" list in the Apple Inc (NASDAQ:AAPL) app store as of Tuesday.
The app was ranked 78th on the list at the end of October, before seeing download volume increase in November, according to data from SimilarWeb.
Nike shares were trading around the $165 level at the beginning of the month. The stock has trended higher during November, trading as high as $179 before pulling back.
See Also: This Is What Whales Are Betting On Nike
Nike is currently ranked ahead of other popular apps including Coinbase Global Inc (NASDAQ:COIN), Starbucks Corp (NASDAQ:SBUX) and Target Corp (NYSE:TGT).
NKE Price Action: Nike has traded as high as $179.10 and as low as $125.44 over a 52-week period.
The stock was down 1.37% at $171.86 Tuesday afternoon.
Photo: courtesy of Nike.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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