Nike Gets a New CEO. Stock Surges.
Stock market today: Wall Street wavers a day after setting record highs
U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally.
Nike’s stock has been dogged by these issues. Can a new CEO change the game?
New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.
Nike Stock Climbs as Wall Street Analysts Welcome a CEO Change
Key Takeaways Nike's hard-hit shares topped the Dow's leaderboard Friday as Wall Street analysts largely welcomed the company's appointment of longtime executive Elliott Hill as its new CEO.Jefferies stuck with its hold rating noting that Hill will have to handle headwinds including more competition since he left the firm four years ago.
Nike Stock Runs Toward Best Day Of 2024 As Wall Street Reacts To CEO Change Amid Slump
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 replaces its CEO with a longtime veteran and the stock is jumping
A leadership change is underway at Nike (NKE) as current CEO John Donahoe steps down, and longtime veteran Elliott Hill takes the helm, the company said on Thursday. Shares of Nike jumped by over 7% in after-hours trading following the announcement.
Nike Gets a New CEO. The Stock Surges.
Nike stock surged Thursday after the company announced CEO John Donahoe was retiring, to be replaced by former Nike executive Elliott Hill. Donahoe will be stepping down Oct. 13, and will remain an advisor to the company through Jan.
Nike Stock Jumps on CEO Change-Up
Nike (NKE) stock is on the rise after news that CEO John Donahue is stepping down, to be replaced by Elliott Hill
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.
Lennar Stock Drops as Investors Don't Like the Homebuilder's Latest Outlook
Key Takeaways Lennar Corporation beat expectations on the top and bottom lines with its fiscal third-quarter results.The ...
AMD Stock: Time To Load Up (Upgrade)
Advanced Micro Devices' Q2 FY2024 showed strong revenue growth in Data Center and Client segments, despite declines in Gaming ...
An under-the-radar corner of the stock market has the green light for a 'powerful' catch-up rally, Goldman Sachs portfolio manager says
Additional Fed rate cuts will boost confidence in one overlooked area of the market, a Goldman Sachs portfolio manager said.
Micron Technology Stock Earnings Preview: What To Know Before It Reports
Micron Technology's latest earnings report releases later this month. Here's what you should you know before that happens?
Stock market today: S&P 500, Dow back away from records as Fed cheer fizzles
The S&P 500 ( ^GSPC) fell roughly 0.2% after the benchmark index ended at an all-time high. The Dow Jones Industrial Average ...
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 ...
The Fed Is Putting the Stock Market on Track for a Rare Achievement
Stocks in September have been negative for four years in a row but momentum from the rate cut could bring change.
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 ...