Why Apple's Tim Cook Drove Nike Stock Higher Today [Yahoo! Finance]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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Source: Yahoo! Finance
10 stocks we like better than Nike › Nike (NYSE: NKE) shares surged on this holiday-shortened trading day. It might not be for a reason you would think, though. The global footwear and apparel maker has had a rough year. Even amid great overall market returns, Nike shares have plunged 20% this year. Most recently, the shares dropped sharply after the company reported fiscal 2026 second-quarter results. But shares are popping today after lead independent director, and Apple CEO Tim Cook, just nearly doubled his stake in Nike with a purchase of 50,000 shares. After rising as much as 5.6% this morning, Nike shares closed today higher by 4.7%. Nike recently reported a mixed quarter, but investors were spooked by a significant 17% drop in its China sales. That sent Nike shares sharply lower after the report, closing near a 52-week low. A Securities and Exchange Commission (SEC) filing yesterday showed Nike's lead independent director -- and Apple CEO -- Tim Cook scooped up shares
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NKE
News
- Nike Stock Is Getting a Lift Today. The Reason? Apple CEO Tim Cook [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