But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...
One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.
Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...
The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
In this Sunday edition of Insider Today, we're talking about Nike's business woes, and Larry Page's money man.
After several quarters of underwhelming results, Nike is replacing its CEO. Longtime company executive Elliott Hill will become the next CEO. Investors cheered the news, sending the stock 7.6% ...
Nike's stock rose 9% during after-hours trading Thursday. Nike's stock has dropped 24% so far this year. Nike faces ...