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

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.

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

Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.

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

The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to ...

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

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

Shares in Nike (NKE) surged after the sneaker company said it was getting a new chief executive. John Donahoe will retire as ...

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 ...

Related Link: What’s Going On With Nike Stock? Throughout his career at Nike, Hill held senior leadership positions across Europe and North America before retiring in 2020. Before his ...

It's been a tough year for Nike, and Hill will have the task of reviving a stock that lost about a quarter of its value from the start of 2024 through Thursday's close. Nike (NKE) shares surged in ...