Nike’s stock has been dogged by these issues. Can a new CEO change the game?
New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.
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 ...
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.
What's Going On With Nike Stock?
Nike Inc (NYSE:NKE) shares are trading higher by 1.2% to $81.75 Thursday morning after the Federal Reserve cut interest rates ...
Nike: College Sports Driving The Turnaround
College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...
Observer1d
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 ...
Nike is bringing back a long-time exec as CEO — and he could be what the sportswear brand needs
Nike says Elliott Hill will replace John Donahoe as CEO in October. Nike has struggled to turn around its business over the ...