Nike, the American athletic footwear and apparel giant, experienced a significant surge in its stock price on Thursday, ...
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's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...
Celebrations broke out on Nike’s campus as staff high-fived and hugged each other, while others popped bottles of prosecco.
Over the course of over 30 years, he worked his way up to top management. Management experts say the company veteran could ...