wall street nike stock news

Stock market today: Wall Street edges back from its records as FedEx slumps

A record-setting week for Wall Street is closing on a quieter note Friday, and U.S. stocks are pulling back from their highs hit during a worldwide rally the day before. The S&P 500 was down 0.5% in late trading,

Los Angeles Times · 12h

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

Observer · 13h

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.

Nike, Elliott Hill

New York Post · 18h

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.

Fortune on MSN · 18h

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 competition.

Fast Company on MSN · 1d

Nike stock jumps after hours on news that CEO John Donahoe is being replaced by company veteran Elliott Hill

The leadership change, effective October 14, follows a rocky tenure for Donahoe, who joined the footwear giant as a tech-focused outsider in January 2020. Shares of Nike (NYSE: NKE) jumped in after-hours trading on Thursday after news broke that CEO John Donahoe is leaving the company and will be replaced by Elliott Hill,

23h

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 ...

19h

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 ...

13h

Stock Market Today: Dow notches fresh record peak, books weekly gain after Fed rate cut

Friday's big stock-market loser was FedEx Corp., with shares of the package-shipping company down 14% in recent trade, according to Dow Jones Market Data. What triggered such a precipitous drop? FedEx ...

15hon 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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