Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping ...
The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to ...
Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.
New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.
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 is making a bold move to revitalize its brand and recover from a period of financial stumbles, announcing that 32-year ...
Nike aims to regain market share, especially in the running category, by spotlighting performance products and introducing ...
Nike shares moved higher Friday after the world’s largest athletic apparel and equipment company announced Elliott Hill will ...
Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...
Simeon Siegel, an analyst from BMO Capital, reiterated the Buy rating on Nike (NKE – Research Report). The associated price target was ...
CEO John Donahoe is stepping down and company veteran Elliott Hill is coming out of retirement to take the helm of the sneaker giant, Nike.