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 trading higher by 5.8%. That's because investors hope the stock's long-lasting slump is coming to an end with a CEO replacement.
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 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 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 Inc. Cl B stock rises Friday, outperforms market
Shares of Nike Inc. Cl B NKE rallied 6.84% to $86.52 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.09% to 42,
Nike Stock Jumps on CEO Change-Up
Nike (NKE) stock is on the rise after news that CEO John Donahue is stepping down, to be replaced by Elliott Hill
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.
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Nike (NYSE: NKE) was often considered a safe blue-chip stock for long-term investors. It's the world's largest footwear ...
Nike’s shares are rallying after it named a new CEO. One analyst says it still has work to do.
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People can't believe true story behind iconic Nike logo
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Nike (NKE) Laps the Stock Market: Here's Why
Nike (NKE) closed the most recent trading day at $80.64, moving +1.05% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.03%. Elsewhere, the Dow lost 0.04% ...
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 ...