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.

College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...

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 ...

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 ...

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 ...

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 ...

CEO John Donahoe will be stepping down Oct. 13, and will remain an advisor to the company through Jan. 31. He will be ...