By Jennifer Vavrekkova-LopezFinancial Post / The Wall Street JournalNike Golf Shoes that retail for $20 are now worth more that $2,500, a new study says.
The value of the shoes, which include a pair of Nike golf shoes, are higher than what they were worth when Nike sold them for $2 a pair.
Nike stock has gained nearly 20% this year as the company has been trying to rein in costs.
The company has also increased its dividend, boosting its stock price.
Nikes sales rose in 2018.