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Nike Stock Climbs
Nike Stock Climbs as Wall Street Analysts Welcome a CEO Change
Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive Elliott Hill as its new CEO.
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 million shares, or 0.2 percent, of Nike this spring. His stake is currently worth about $250 million.
Wall Street Breakfast Podcast: Nike Rallies As New CEO Boosts Hopes
Nike faces challenges even as a new CEO brightens the spirits of investors. Warren Buffett's Berkshire continues to trim Bank of America stake. Macy's to hire lesser employees for holidays.
6h
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 ...
12h
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 ...
13h
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 ...
1d
on MSN
Stock market today: Wall Street closes out a record-setting week on a quiet note
A record-setting week for Wall Street closed on a quieter note. U.S. stocks mostly pulled back from their highs hit during a ...
14h
Wall Street drifts near its records as FedEx slumps and Nike sprints higher
FedEx dragged on the market with a drop of 14% after its profit and revenue for the latest quarter fell short of analysts’ ...
1d
Stock market today: Wall Street inches lower in premarket Friday as rate cut-fueled rally fades
Wall Street pointed lower as a rally driven by the Federal Reserve’s big cut to interest rates faded and markets’ focus ...
9h
on MSN
Nike’s New CEO Spurs Celebratory Memes, Toasts and Shakeup Fears
Phil Knight and other parts of the Nike universe lauded the hiring of Elliott Hill as the sneaker giant’s next chief ...
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