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Nike Gets a New CEO. Stock Surges.
Nike’s stock has been dogged by these issues. Can a new CEO change the game?
New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.
Nike Stock Rallies on CEO Switch: What to Know
Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming 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.
Nike is struggling. It’s shaking up its CEO
The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be replaced by Elliott Hill, a veteran former Nike executive. Nike’s stock rose 9% during after-hours trading Thursday,
Nike Gets a New CEO. The Stock Surges.
Nike stock surged Thursday after the company announced CEO John Donahoe was retiring, to be replaced by former Nike executive Elliott Hill. Donahoe will be stepping down Oct. 13, and will remain an advisor to the company through Jan.
Nike, Elliott Hill
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, reversing a strategy under outgoing chief John Donahoe that focused on selling directly through its stores and website.
Nike’s New Era: Buy Rating Affirmed Amid Leadership Revamp and Strategic Renewal
Lorraine Hutchinson, an analyst from Bank of America Securities, maintained the Buy rating on Nike (NKE – Research Report). The
New Management Won’t Fix Nike
It used to be that Nike (NYSE: NKE) dominated the athletic wear business on its own, sometimes competing with Adidas. It has a huge line of athletic shoes led by Air Jordan. However, Puma has become a popular brand around the world.
Zacks.com on MSN
2d
NIKE, Inc. (NKE) Is a Trending Stock: Facts to Know Before Betting on It
Nike (NKE) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of ...
1d
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 ...
6d
Nike: Negative Outlook And Still Not Undervalued Despite Price Drops
Nike's profitability is strong, but its market share has eroded over the past decade. Read why I'm bearish on NKE stock.
Business Insider
2d
Nike (NKE) Receives a Buy from Goldman Sachs
According to TipRanks, Roach has an average return of 2.6% and a 50.79% success rate on recommended
stocks
. In addition to Goldman Sachs,
Nike
also received a
Buy
from Williams Trading’s Sam ...
14d
Best Stock to Buy Right Now: Nike vs. Lululemon
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
3d
Is Deckers Outdoor Stock A Buy Because Of Stock Split?
Deckers Outdoor stock is set to split soon. What does this mean for the stock? Here's an analyze if DECK is a buy ahead of ...
1d
Lennar Stock Remains a Buy Despite Gross Margin Concerns
Lennar stock is lower Friday as worries over gross margin estimates offset a fiscal Q3 beat. Here's what you need to know.
12d
Best Stock to Buy Right Now: Nike vs. On Holding
To be sure, Nike still owns the largest slice of the pie, but its grip is slipping and its stock price has taken a beating ...
1d
on MSN
These Stocks Moved the Most Today: FedEx, Nike, Intel, Constellation Energy, Trump Media, Lennar, and More
Stocks were mostly lower Friday, a day after both the Dow Jones Industrial Average and S&P 500 closed at record highs ...
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