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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.
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 Jumps on CEO Change
Shares in Nike (NKE) surged after the sneaker company said it was getting a new chief executive. John Donahoe will retire as CEO next month after nearly five years at the helm, Nike said late Thursday.
Why Nike Stock Is Running Higher Friday
Nike is bringing back company veteran Elliott Hill to turn the business around. The stock has lagged as competitors have taken market share. Nike's next earnings call is coming in less than two weeks.
Nike Inc. Cl B stock rises Friday, outperforms market
Nike Inc. Cl B closed $44.38 below its 52-week high ($123.39), which the company achieved on December 20th.
Nike Stock Surges Following Appointment of New CEO
Investors push the company stock up 7% after the executive switch. The post Nike Stock Surges Following Appointment of New CEO appeared first on Front Office Sports.
Nike Stock Rallies on CEO Switch: What to Know
Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.
4 stocks to watch on Friday: NKE, CEG and more
U.S. stock index futures on Friday were largely flat, a day after Wall Street ripped gains on soft landing hopes sparked by the Federal Reserve's aggressive 50 basis point interest rate cut. Here are some stocks to watch on Friday: Shares of Nike (NKE) climbed more than 8% in pre-market trading.
17d
Where Will Nike Stock Be in 1 Year?
Nike (NYSE: NKE) was often considered a safe blue-chip stock for long-term investors. It's the world's largest footwear ...
The Thaiger
1d
Nike’s $35 logo now worth over $1 million
Uncover the fascinating story behind the Nike logo and how a graphic art student created the iconic 'Swoosh' emblem.
2d
on MSN
Nike’s shares are rallying after it named a new CEO. One analyst says it still has work to do.
Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear ...
unilad
2d
People can't believe true story behind iconic Nike logo
The 'crazy' story behind Nike's iconic 'Swoosh' logo is making people relieved there's 'a happy ending'. There's no doubt ...
2d
Nike CEO calls it quits as sportswear giant’s sales sink
Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and ...
8d
Newman-Dailey Resort Properties Introduces Shop, Sip & Savor Package Available with Destin Vacation Rentals
Newman-Dailey Resort Properties, which specializes in Destin vacation rentals and real estate services, is launching the Shop, Sip & Savor promotion this fall. The promotion packages shopping at the ...
3d
Stock Traders ‘Sell the News’ After Fed Goes Big: Markets Wrap
A rally that briefly drove stocks to their all-time highs bumped into a wall as the Federal Reserve signaled it’s not in a ...
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