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0.000749188379255716 0.000332972613002514 -0.00183134937151418 -0.00149837675851167 -0.000749188379255835 0.00133189045201029 -0.00108216099225847 -0.00108216099225847
Stock impact report

Apple CEO Tim Cook Buys Nearly $3 Million of Nike Shares After Earnings Drop [Yahoo! Finance]

Nike, Inc. (NKE) 
Last nike, inc. earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.nike.com/home/default.aspx
Company Research Source: Yahoo! Finance
personal purchase of Nike ( NYSE:NKE ) shares, following a sharp decline tied to the company's recent earnings report. According to a Form 4 filing released late Tuesday, Cook bought 50,000 shares on Monday at an average price of $58.97, investing close to $3 million after Nike's results for its second fiscal quarter unsettled investors. Cook has served as Nike's lead independent director and has been a board member since 2005, positioning the transaction as a closely watched signal amid the stock's recent weakness. Is AAPL fairly valued? Test your thesis with our free DCF calculator. The purchase increased Cook's total holdings to just over 105,000 shares, valued at more than $6 million based on Wednesday's stock price. Nike shares rose around 2% to $58.53 in premarket trading, a move that could be interpreted as a modest rebound after a difficult stretch, though the stock remained under pressure relative to recent history. Nike has struggled to regain momentum, with shares dow Show less Read more
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