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 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.
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.
Can a new CEO make Nike cool again?
Struggling sportwear brand Nike brings in new CEO
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 for the company, the path forward for the stock, and more.
Nike Stock Climbs as Wall Street Analysts Welcome a CEO Change
Key Takeaways Nike's hard-hit shares topped the Dow's leaderboard Friday as Wall Street analysts largely welcomed the company's appointment of longtime executive Elliott Hill as its new CEO.Jefferies stuck with its hold rating noting that Hill will have to handle headwinds including more competition since he left the firm four years ago.
Nike is changing CEOs, but analysts don't see a quick fix
In a big shakeup, Nike is set to change its CEO, a move that has sparked both optimism and skepticism from Wall Street.
Nike stock jumps 8% as investors bet new CEO Elliott Hill can fix sneaker maker’s woes
The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to ...
Nike stock jumps after hours on news that CEO John Donahoe is being replaced by company veteran Elliott Hill
Nike Inc stock price jumped in after-hours trading Thursday on news that CEO John Donahoe is retiring and will be replaced by ...
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
Nike shareholders gather amid stock price drop, strategic concerns
After a tough summer marked by a tanking stock and questions regarding CEO John Donahoe’s future, Nike’s shareholders will ...
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 ...
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 ...
Why Nike Just Did It
Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...
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Just Do It? This Billionaire Just Bought Nike Stock, Should You?
Nike is an iconic brand whose swoosh logo ... However, the company's recent struggles have seen its valuation drop considerably. The stock now trades at a price-to-earnings (P/E) ratio of under ...
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FedEx Dips on Profit Drop, Nike Soars on New CEO Appointment
U.S. stock index futures dipped on Friday following a strong rally, fueled by the Federal Reserve's recent interest rate cut.
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Nike Brings Veteran Out of Retirement in Reaction to Company Crisis
The company has struggled with declining sales, missing its earnings targets and facing predictions of a 10% drop in revenue.