Nike ysed to rule the sportswear business. Its recent earnings have been weak. It has too much good competition.

The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.

Nike ( NKE) investors are running with the idea of 32-year insider Elliott Hill returning the sneaker giant to glory as CEO, ...

The company said Hill - who started at Nike in 1988, rose to top leadership jobs in Europe and North America and retired in 2020 - would become its new president and chief executive on Oct. 14. He ...

Nike (NKE) closed the most recent trading day at $80.64, moving +1.05% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.03%. Elsewhere, the Dow lost 0.04%, while the ...