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Nike, John Donahoe and Elliott Hill
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 names new CEO amid flagging sales and stock slump
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
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.
Stock Market, Dow and Fed
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.
Stock Market Today: Dow notches fresh record peak, books weekly gain after Fed rate cut
The Dow Jones Industrial Average was struggling for direction Friday afternoon, giving up a slight gain as it dipped back into the red. The Dow retreated 0.2%, falling around 65 points, FactSet data show,
Stock market today: US stocks end mixed but finish the week near record highs after the Fed's first rate cut in 4 years
The Dow closed at a record high on Friday. Investors see more gains ahead as the Fed kicks off a new cycle of easing interest rates.
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 ...
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 ...
1d
on MSN
Analysts revisit Nike stock price targets after major CEO shakeup
Nike shares powered firmly higher in early Friday trading as analysts and investors reacted to the sportswear giant's move to ...
2d
on MSN
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
11d
1 Magnificent S&P 500 Dividend Stock Down 24% to Buy and Hold Forever
In its fiscal 2024 (ended May 31), Nike made $51.4 billion in revenue. It was only up 1% year over year, but it was more than ...
6d
Nike: Negative Outlook And Still Not Undervalued Despite Price Drops
Nike's profitability is strong, but its market share has eroded over the past decade. Read why I'm bearish on NKE stock.
1d
on MSN
Nike's new CEO may look to mend retailer ties in sales revival push
Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...
1d
on MSN
Nike CEO change is a 'step in the right direction,' says Oppenheimer's Brian Nagel
Brian Nagel, Oppenheimer & Co. senior analyst, joins CNBC's 'Power Lunch' to discuss what Nike's leadership change could mean ...
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