Nike Gets a New CEO. Stock Surges.
Nike Stock Rebounds as Company Names New CEO. Is It Too Late to Buy the Stock?
The pop in Nike's stock certainly wasn't the same as the reaction Starbucks stock got when it named a new CEO, and Hill certainly doesn't have the same fanfare, having never been the CEO of a major company. Yet the announcement of him taking over as CEO comes at an interesting time.
Nike Stock Jumps on CEO Change-Up
Nike (NKE) stock is on the rise after news that CEO John Donahue is stepping down, to be replaced by Elliott Hill
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.
Nike Stock Jumps on CEO Change
Shares in Nike (NKE) surged after the sneaker company said it was getting a new chief executive. John Donahoe will retire as CEO next month after nearly five years at the helm, Nike said late Thursday.
New Nike CEO May Seek to Repair Retailer Ties
Company veteran Elliott Hill will lead a turnaround effort at the global sportswear giant, where sales have faltered and innovation has stalled.
Nike names new CEO amid flagging sales and stock slump
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
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 shares jump after it announces plan to replace CEO
Nike announced plans to toss out its president and CEO John Donahoe, as demand falters for the brand's sneakers.He'll be replaced by former senior executive Elliott Hill, who will take over next month.
Nike Stock Climbs as Wall Street Analysts Welcome a CEO Change
Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...
4 stocks to watch on Friday: NKE, CEG and more
U.S. stock index futures on Friday were largely flat, a day after Wall Street ripped gains on soft landing hopes sparked by ...
Jeff Bezos-Backed Perplexity AI In Discussion With Marriott And Nike As It Prepares To Challenge To Google's Dominance
Jeff Bezos-backed Perplexity AI, a startup challenging Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, is in discussions ...
Elliott Hill Loved Nike and Left It. Now He’s Back as CEO
Nike’s incoming chief is inheriting a demoralized workforce and a brand that has lost market share to rivals.
Nike faces challenges even as a new CEO brightens the spirits of investors
Nike (NYSE:NKE) turned some heads on Thursday by announcing that CEO John Donahoe will step down to be replaced by Elliott ...
Nike (NKE) Receives a Rating Update from a Top Analyst
Oppenheimer analyst Brian Nagel maintained a Buy rating on Nike (NKE – Research Report) today and set a price target of $120.00. The ...
Morningstar6d
Nike Inc Class B NKE
Although uneven of late, the global sportswear market should expand, especially in Asia and other developing areas. As the share leader in most countries, Nike is positioned to benefit. As a ...
Zacks.com on MSN3d
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 ...
Nike (NKE) Gets a Hold from J.P. Morgan
In a report released today, Matthew Boss from J.P. Morgan maintained a Hold rating on Nike (NKE – Research Report), with a price target ...