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 stock market, with the Dow Jones Industrial Average DJIA rising 0.09% to 42,
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 trading higher by 5.8%. That's because investors hope the stock's long-lasting slump is coming to an end with a CEO replacement.
Watch These Nike Price Levels as Stock Jumps After Company Appoints New CEO
Nike shares traded sharply higher in pre-market trading Friday after the world’s largest athletic apparel and equipment company announced Elliott Hill will replace John Donahoe
Nike Stock Jumps on CEO Change
Shares in Nike (NKE) surged after the sneaker company said it was getting a new chief executive. John Donahoe will retire as CEO next month after nearly five years at the helm, Nike said late Thursday.
Stock Of The Day: Here's Why The Nike Rally Stalled Out
Shares of NIKE (NKE) hit resistance at a price level that had been support. Support can convert into resistance because of buyer's remorse.
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.
Nike Stock Surges Following Appointment of New CEO
Investors push the company stock up 7% after the executive switch. The post Nike Stock Surges Following Appointment of New CEO appeared first on Front Office Sports.
Stock market today: Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
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