JORDAN GOLF SHOES, a golf shoe brand that was once a low-hanging fruit for investors, has suddenly become a global brand worth $1.7 billion.
Jordan Golf Shoes Inc., formerly known as Jordan Golf, is worth $7.4 billion.
The company has been valued at more than $3.4 trillion.
The company announced Friday that it has a $7 billion market cap.
The market cap for the company rose to $732 billion, up by more than 20 percent.
Jordan has more than 7,000 retail stores in 45 countries.