How much was Nike stock in 1983?

How Much Was Nike Stock in 1983?

Back in 1983, Nike wasn’t the global powerhouse it is today. On September 15 of that year, Nike stock closed at just 25 cents per share. Yes, you read that right—quarters, not dollars. For someone holding 500 shares, the total value amounted to roughly $125 on that day.

At the time, Nike was still building its brand identity, riding the momentum of its innovative footwear and the rising popularity of athletic culture. The Air Jordan line was still a few years away, and Michael Jordan himself hadn’t yet signed with the brand. Yet, that humble 25-cent stock price marked the early stage of what would become one of the most dominant names in sportswear history.

Fast forward to June 29, 2023, and the contrast is staggering. Nike’s stock had climbed to over $110 per share. That same 500-share holding, worth $125 in 1983, would have been worth well over $55,000—excluding dividends or splits—representing one of the more impressive long-term growth stories in the stock market.

Of course, past performance isn’t a guarantee of future results, but Nike’s journey offers a compelling lesson in patience and belief in a brand’s potential. For early investors, those quarters-per-share weren’t just small change—they were golden tickets to decades of growth. And while we can’t go back in time, the story of Nike’s stock reminds us that great things often start small.