09:40 AM EDT, 05/22/2025 (MT Newswires) -- Nike ( NKE ) shares were up 0.9% in early trading Thursday after an Amazon.com ( AMZN ) spokesperson reportedly said the company plans to resume selling its products on the platform.

"We highlighted re-establishing a partnership with Amazon ( AMZN ) should be a key priority and are bullish they have decided to take this route," Truist Securities said in a note emailed late Wednesday, referring to its October 2024 upgrade of the company's rating.

In 2019, Nike ( NKE ) stopped selling its products on the online retailer's website two years into a pilot partnership, according to multiple media reports at the time.

Price: 60.49, Change: +0.51, Percent Change: +0.85