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Stock market, Wall Street
Stock market today: Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note
Amid CEO Shakeup and Stock Slump, Wall Street Is Still Bullish on Nike
The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three million shares, or 0.2 percent, of Nike this spring. His stake is currently worth about $250 million.
Stock market today: Indexes edge down as traders hit pause after rally to record highs
Friday could see a surge in trading activity due to triple witch option expirations and S&P index rebalance trades, NYSE's Michael Reinking said.
Nike, John Donahoe and Elliott Hill
Nike stock jumps 8% as investors bet new CEO Elliott Hill can fix sneaker maker’s woes
The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to competition.
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 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.
15h
Nike Inc. Cl B stock rises Friday, outperforms market
Shares of Nike Inc. Cl B NKE rallied 6.84% to $86.52 Friday, on what proved to be an all-around mixed trading session for the ...
The Motley Fool
4h
Can a New CEO Save Nike?
After several quarters of underwhelming results,
Nike
is replacing its CEO. Longtime company executive Elliott Hill will become the next CEO. Investors cheered the
news
, sending the
stock
7.6% ...
ABC12
2d
Nike is making a major shakeup as competition rises, sales fall
Nike
's
stock
rose 9% during after-hours trading Thursday.
Nike
's
stock
has dropped 24% so far this year.
Nike
faces ...
23h
Nike CEO changeup has investors optimistic as it returns to its product roots
Nike ( NKE) investors are running with the idea of 32-year insider Elliott Hill returning the sneaker giant to glory as CEO, ...
20h
Why Nike Stock Is Running Higher Friday
But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...
1d
on MSN
Nike's incoming CEO will make $27 million — over $2 million less than his predecessor
Elliott Hill, a veteran employee at Nike, is returning to the company. But he'll earn over $2 million less than outgoing CEO ...
15h
New Nike CEO’s first words to staff: ‘Things haven’t been easy’
Elliott Hill, the newly named chief executive officer of Nike, acknowledged that things have been rough for the world's ...
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Related topics
FedEx
Wall Street
CEO Donahoe
Elliot Hill
S&P 500 Index
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