Nike faces a consumer slowdown and tough competition from upstart running brands like Hoka and On. Customers are changing ...
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 announced plans to toss out its president and CEO John Donahoe, as demand falters for the brand's sneakers.He'll be ...
After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.
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.
Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...
If you're attracted to lower-priced stocks under $20 and see value in diversifying your portfolio to include this category of ...
The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...
Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.
Nike shares moved higher Friday after the world’s largest athletic apparel and equipment company announced Elliott Hill will ...