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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.
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.
The announcement that Nike Inc NKE is b ringing in Elliot Hill as the new CEO could be a positive change given his experience ...
Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...
Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.
Nike ( NKE) investors are running with the idea of 32-year insider Elliott Hill returning the sneaker giant to glory as CEO, ...
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He will be replaced by former Nike executive Elliott Hill, effective October 14. Bernstein senior analyst Aneesha Sherman likes the move, arguing it's good news for the stock for two reasons: Hill ...
Nike shares jumped as much as 10% in extended New York trading. The stock has fallen 25% this year through Thursday ...