Nike announced on Thursday Hill will become its next chief executive officer on Oct. 14, replacing the retiring John Donahoe.

Nike (NKE) stock is on the rise after news that CEO John Donahue is stepping down, to be replaced by Elliott Hill ...

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 ...

Nike shares were up more than 8% after hours as of late Thursday afternoon. The stock has generally underperformed this year and is down around 24% year to date. According to a press release ...

NKE Price Action: Nike shares closed Thursday up 0.099%. At publication time, the stock was up 10.01% at $89.09 in extended trading, per Benzinga Pro.

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

Nike (NKE) named a new CEO Thursday, sending its stock up nearly 7% in pre-market trading on Friday as the company attempts to reinvigorate slowing sales growth amid increased competition.

Buying a stock is essentially a bet that the business will continue to grow and generate profits in the future. Nike NKE has reported average annual revenue growth of 8.47% over the past 5 ...

Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be ...

Nike (NYSE:NKE) turned some heads on Thursday by announcing that CEO John Donahoe will step down to be replaced by Elliott Hill. Morgan Stanley's read on the management move was that it was ...