Shares of Nike rose Wednesday, helped by news of a buy from Apple CEO Tim Cook, a member of the company's board.
Most recently, the shares dropped sharply after the company reported fiscal 2026 second-quarter results. But shares are popping today after lead independent director, and Apple CEO Tim Cook, just ...
Tim Cook just doubled his stake in the company. The news helped ease a 13% drop after the company’s disappointing quarterly results.
The Apple CEO, who has been on Nike's board since 2005, represents a vote of confidence in CEO Elliott Hill's efforts to ...
Cook, who has been on Nike’s board since 2005, bought 50,000 shares at $58.97 each, according to a regulatory filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday unveiled that COOK made a notable purchase of 50,000 shares of Nike, valuing at $2,948,500. Nike shares are ...
Despite double-beat Q2 results and strong North American sales, Nike faces ongoing declines in key international segments.
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Nike (NKE +0.21%) is starting to show signs of a rebound. The athletic apparel giant -- whose portfolio includes Nike, Jordan, and Converse -- this week reported a small return to revenue growth in ...