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Nike Stock Climbs
Nike Stock Climbs as Wall Street Analysts Welcome a CEO Change
Key Takeaways Nike's hard-hit shares topped the Dow's leaderboard Friday as Wall Street analysts largely welcomed the company's appointment of longtime executive Elliott Hill as its new CEO.Jefferies stuck with its hold rating noting that Hill will have to handle headwinds including more competition since he left the firm four years ago.
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 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, Elliott Hill
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.
Who is Nike’s new CEO? Elliott Hill—many old employees’ favorite pick for the job
People wanted him for the job,’ notes a Nike insider amid a ‘jubilant’ wave of celebration from Nike employees. CEO John Donahoe is departing Nike after a tumultuous four years at the company. He is being replaced by Elliott Hill,
Nike’s new CEO climbed his way from intern to top boss in almost 30 years
Nike’s stock soared after the news that Hill would replace current CEO John Donahoe, who will step down next month. Hill is a familiar face, spending basically his
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on MSN
Stock market today: 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 ...
1d
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 ...
News-Press NOW
1d
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 ...
The Register-Herald
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Stock market today: Wall Street hovers around records as FedEx slumps
U.S. stocks are hovering around the records they set the day before during a worldwide rally. The S&P 500 slipped 0.2% in ...
2d
on MSN
Stock market today: Wall Street inches lower in premarket Friday as rate cut-fueled rally fades
Wall Street pointed lower Friday as a rally driven by the Federal Reserve’s big cut to interest rates faded and markets' ...
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