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No one wants to ‘Be like Mike’: Nike at 12-year low, worst year since Jordan’s ’93 exit
Seeking Alpha News (Thu, 27-Aug 8:51 AM ET)
The Global X Millennial Consumer ETF (MILN) seeks to invest in companies that have a high likelihood of benefiting from the rising spending power and unique preferences of the U.S. Millennial generation (birth years ranging from 1980-2000). These companies come from a broad range of categories, including: social media and entertainment, food and dining, clothing and apparel, health and fitness, travel and mobility, education and employment, housing and home goods, and financial services. The Global X Millennials Thematic ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Millennials Thematic Index.
Global X Millennial Consumer ETF trades on the NASDAQ stock market under the symbol MILN.
As of August 31, 2026, MILN stock price declined to $46.08 with 2,429 million shares trading.
MILN has a market cap of $95.39 million. This is considered a Micro Cap stock.
In the last 3 years, MILN traded as high as $50.86 and as low as $28.45.
MILN has underperformed the market in the last year with a price return of -7.4% while the SPY ETF gained +19.4%. However, in the short term, MILN had mixed performance relative to the market. It has outperformed in the last 3 months, returning +5.1% vs +1.9% return in SPY. But in the last 2 weeks, MILN shares have been beat by the market, returning -1.4% compared to an SPY return of -1.2%.
MILN support price is $46.17 and resistance is $47.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MILN shares will trade within this expected range on the day.
