Nike (NKE) Jumps 4.6% as Tim Cook Hikes Stake
Yahoo Finance·2025-12-25 23:36

We recently published 10 Stocks Lighting Up Market Ahead of Christmas. Nike Inc. (NYSE:NKE) is one of the best performers on Wednesday. Nike Inc. jumped by 4.64 percent on Wednesday to close at 60apieceafteranAppleexecutivenearlydoubledhisstakeinthecompany.Inaregulatoryfiling,NikeInc.(NYSE:NKE)saidthatTimCook,chiefexecutiveofficerofAppleInc.,acquired60 apiece after an Apple executive nearly doubled his stake in the company. In a regulatory filing, Nike Inc. (NYSE:NKE) said that Tim Cook, chief executive officer of Apple Inc., acquired 2.9 million worth of new shares in the company. Cook is currently an independent director and now owns a little more than ...