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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 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.
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
19h
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 ...
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 ...
22h
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, ...
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 ...
1d
Nike: College Sports Driving The Turnaround
College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...
17h
Nike's new CEO may look to mend retailer ties in sales revival push
Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...
2h
Nike goes back to the future
On June 27th, Nike chief executive John Donahoe presided over one of the bleakest earnings calls in the history of the ...
15h
on MSN
Nike’s New CEO Spurs Celebratory Memes, Toasts and Shakeup Fears
Phil Knight and other parts of the Nike universe lauded the hiring of Elliott Hill as the sneaker giant’s next chief ...
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Wall Street
FedEx
CEO Donahoe
Elliot Hill
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