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0.00308822301978136 0.00025039646106336 -0.00083465487021112 -0.00270094316000333 0.00667723896168932 0.00200317168850688 0.00191970620148572 0.00408813955429432
Stock impact report

Nike Rises 2% After Apple CEO Tim Cook Buys $3 Million Stake [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
This showed that he was confident even though the market had been falling recently. Warning! GuruFocus has detected 4 Warning Sign with NKE. Is NKE fairly valued? Test your thesis with our free DCF calculator. According to a filing with the government, Cook, who has been on Nike's board since 2005 and is its lead independent director, acquired 50,000 shares for $58.97 apiece. He now owns around 105,000 Nike shares after the deal. The acquisition comes less than a week after Nike said that sales in China were slowing and margins were weaker than expected. This news caused the stock to drop about 13% since December 18. Investors saw Cook's buy as a sign of support for the brand amid a tough time. Nike shares were worth $58.49, which was almost 2% more than they were worth before the market opened. Show less Read more
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