New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.

But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...

The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal ...

Shares of Nike Inc. were rallying Friday, with the sneaker and sportswear giant climbing more than 6% in afternoon trading. That made Nike the top-performing stock in the Dow Jones Industrial Average ...

One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.

Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.

Shares in Nike (NKE) surged after the sneaker company said it was getting a new chief executive. John Donahoe will retire as ...

Nike has strong fundamentals, but faces volatile profit margins and returns, leading to investor disappointment. Learn why ...

Nike's stock rose 9% during after-hours trading Thursday. Nike's stock has dropped 24% so far this year. Nike faces ...