wall street nike stock news

Nike Stock Climbs as Wall Street Analysts Welcome a CEO Change

Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive Elliott Hill as its new CEO.

Observer · 1d

Amid CEO Shakeup and Stock Slump, Wall Street Is Still Bullish on Nike

The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three million shares, or 0.2 percent, of Nike this spring. His stake is currently worth about $250 million.

Forbes · 1d

Nike Stock Runs To Best Day Of 2024 As Wall Street Reacts To CEO Change Amid Slump

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.

Elliott Hill Takes Helm as Nike CEO

New York Post · 1d

Nike stock surges 8% as new CEO Elliott Hill tries to rally the troops

Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping down as CEO.

UPI News on MSN · 1d

Nike CEO John Donahue to retire; company veteran Elliot Hill will replace him

Nike announced that CEO and President John Donahue will retire and be replaced by former Nike executive Elliott Hill. Hill, who retired from Nike in 2020 while he was president of the company's consumer and marketplace division,

TheStreet on MSN · 1d

What new Nike CEO Elliott Hill brings to the table after Donahoe

I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Wall Street is focused on corporate news. FedEx posted disappointing quarterly profits thanks to a drop in demand for its fastest shipping options.

1don MSN

Stock market today: Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps

U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.

Why Nike Stock Is Running Higher Friday

But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...

AOL9d

Is Nike Stock Going to $102? 1 Wall Street Analyst Thinks So.

Nike (NYSE: NKE) is a stock for players who want to win convincingly on the market. That, at least, is the view of one analyst tracking the athletic wear and apparel giant. He recently reiterated ...

Wall Street drifts near its records as FedEx slumps and Nike sprints higher

FedEx dragged on the market with a drop of 14% after its profit and revenue for the latest quarter fell short of analysts’ ...

Stock Market Today: Dow notches fresh record peak, books weekly gain after Fed rate cut

Friday's big stock-market loser was FedEx Corp., with shares of the package-shipping company down 14% in recent trade, according to Dow Jones Market Data. What triggered such a precipitous drop? FedEx ...

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