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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 Jumps on CEO Change
Shares in Nike (NKE) surged after the sneaker company said it was getting a new chief executive. John Donahoe will retire as CEO next month after nearly five years at the helm, Nike said late Thursday.
Nike CEO to Retire and the Stock Rallies
Nike’s beleaguered stock was rising sharply after the company announced that its CEO would retire.The athletic shoe and apparel maker has been hurt in recent years from a slowdown in China and competition from upstarts like Deckers Outdoor’s Hoka brand and On Holding.
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.
21h
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 ...
4h
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, ...
9d
on MSN
From Classic to Cutting Edge, These Are The Best Nike Running Shoes
Nike builds the fastest running shoes on the planet. If you’re in the market for a new pair, we have a few recommendations.
Her Zindagi Hindi
1d
Best Nike Running Shoes (September 2024): Top Choices Under Budget
Check out the best collection of Running shoes from a renowned brand, Nike, which is very popular for its comfort and style.
9d
Nike's 'Very Grippy' Trail Running Shoe That 'Feels Great on All Surfaces' Is Over $60 Off Right Now
The Nike Kiger 9 is a rock-solid choice for taking on challenging trails, and at just $97, it’s a standout bargain, too. But ...
21h
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 ...
6h
Nike CEO changeup has investors optimistic as it returns to its product roots
Nike ( NKE) investors are running with the idea of 32-year insider Elliott Hill returning the sneaker giant to glory as CEO, ...
22d
Nike releases FAMU running shoe to celebrate start of college football season
Check out the new FAMU Rattlers Nike Air Zoom Pegasus 41 running shoe, part of the Nike’s 2024 NCAA Collection ahead of ...
9h
How Elliott Hill Went From Being An Intern To Nike's CEO
Mr Hill is a graduate of Texas Christian University (TCU) and Ohio University, currently serving on TCU's Board of Trustees.
9h
Nike's new CEO may look to fix retailer ties in sales revival push
Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat ...
22d
Nike releases Kentucky running shoe to celebrate start of college football season
Check out the new Wildcats Nike Air Zoom Pegasus 41 running shoe, part of Nike’s 2024 NCAA Collection ahead of college ...
20h
Nike CEO calls it quits as sportswear giant’s sales sink
Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and ...
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