Nike Stock Is Getting a Lift Today. The Reason? Apple CEO Tim Cook [Yahoo! Finance]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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Source: Yahoo! Finance
Cook bought at average prices near $59, well below Wall Street analysts' consensus price target around $80. A vote of confidence from the leader of one big brand is helping the shares of another today. Shares of Nike ( NKE ) climbed on Wednesday's holiday-shortened trading session —the shares were recently up about 4.5%, leading all gainers on the S&P 500—following an expression of support from Apple CEO Tim Cook. As a general rule, investors sell shares when they think they have better uses for the money—and those reasons can be hard to divine. The other side of that coin is that investors only buy shares when they think they're poised to rise. That's why watching the trades of people associated with a particular company is part of many investors' strategies. A regulatory filing revealed that Cook, a member of Nike's board for two decades, bought nearly $3 million worth of Nike stock on Monday, acquiring 50,000 shares—a rough doubling of his stake—at a weighted average price
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NKE
News
- Why Apple's Tim Cook Drove Nike Stock Higher Today [Yahoo! Finance]Yahoo! Finance
- Should You Buy the Dip in Nike Stock for 2026? [Yahoo! Finance]Yahoo! Finance
- Apple CEO Tim Cook Buys Nearly $3 Million of Nike Shares After Earnings Drop [Yahoo! Finance]Yahoo! Finance
- Nike Rises 2% After Apple CEO Tim Cook Buys $3 Million Stake [Yahoo! Finance]Yahoo! Finance
- Futures Flat With Early Close On Deck [zero hedge]zero hedge
NKE
Earnings
- 12/18/25 - Beat
NKE
Sec Filings
- 12/23/25 - Form 4
- 12/23/25 - Form 3/A
- 12/23/25 - Form 4
- NKE's page on the SEC website