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Nike, Elliott Hill
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.
Nike Stock Jumps 9% After The Bell, CEO Set To Retire
The board and John Donahoe made the decision that Donahoe will retire from his role as president and CEO of Nike, effective Oct. 13. The exiting CEO will remain an advisor to the company through Jan. 31, 2025, to ensure a smooth transition.
Nike names former executive Elliott Hill as CEO
Elliott Hill, a former Nike executive who retired in 2020, will return to the company as the CEO and president on Oct. 14. John Donahoe, Nike's current CEO, will retire effective Oct. 13 and will remain an adviser to the company until January 2025.
24/7 Wall St. on MSN
17h
New Management Won’t Fix Nike
It used to be that Nike (NYSE: NKE) dominated the athletic wear business on its own, sometimes competing with Adidas. It has ...
2d
Nike C.E.O. John Donahoe Abruptly Retires Amid Declining Sales
Elliott Hill, an executive who left the company after Donahoe’s appointment in 2020, will return as chief executive, Nike’s ...
2d
on MSN
Nike's new CEO: What to know
Nike has pulled longtime company veteran Elliott Hill out of retirement to serve as president and chief executive, replacing ...
7d
1 Growth Stock Down 35% to Buy Right Now
Nike's recent struggles are real, as sales growth has stalled. The company only grew revenue by 0.3% its last fiscal year ...
Yahoo Finance
2d
NIKE, Inc. (NKE)
On today's episode of Asking for a Trend, Host Josh Lipton breaks down some of the biggest stories from the trading day. A big C-suite shake-up is coming to
Nike
(
NKE
) as CEO John Donahoe ...
3d
Unpacking the Latest Options Trading Trends in Nike
Today, Benzinga 's options scanner spotted 8 uncommon options trades for Nike. This isn't normal. The overall sentiment of ...
14d
Where Will On Holding Stock Be in 1 Year?
It's an interesting time for the sports apparel industry. A few massive companies, like Nike and Adidas, have ruled the space ...
1d
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 ...
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