U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.

Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...

But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...

Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping ...

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.

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

U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...

Wall Street is quieter, and U.S. stocks are drifting after they leaped to records the day before during a worldwide rally.

Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.

New York (CNN) — Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The ...

The news comes as Nike stock has stumbled this year ... quarter fell 2% from the year prior to $12.61 billion, below Wall Street's estimates for $12.86 billion. Meanwhile, Nike's $0.99 earnings ...