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Nike stock up 2% in pre-market after Apple CEO buys shares [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Apple (NASDAQ:AAPL) CEO and Nike board member Tim Cook purchased 50,000 shares of Nike Class B stock. The shares were bought at an average price of $58.97 per share, totaling roughly $2.9 million. Cook has served on Nike's board of directors since 2005 and now owns just over 105,000 Nike shares. The filing was made public on December 23, and the stock reacted immediately in after-hours trading, reversing some of the recent weakness tied to slower demand in certain markets and recent earnings performance. Related articles Nike stock up 2% in pre-market after Apple CEO buys shares 10 Beaten-Down Large-Cap Tech Stocks Offering Solid Upside Potential Nasdaq 100 Setup Turns Cautious as Insiders Sell and Technicals Flash Fatigue
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