In With the New: Is Nike Stock a Buy After CEO Change?

Oct 1, 2024 · Nike's iconic brand, steady top- and bottom-line growth, and remarkable long-term stock performance have routinely commanded a premium over the years. For the past decade, …

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Can A New CEO Save Nike? - The Motley Fool

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Sep 21, 2024 · Now Nike is indeed following in Starbucks' footsteps, having announced its own CEO change after hours on Thursday, and the stock jumped 7.6% after hours on the news.

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Analysts Revisit Nike Stock Price Targets After Major CEO Shakeup

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Sep 20, 2024 · Related: Nike shares swoosh higher after new CEO is named. Wells Fargo analyst Kate Fitzsimons, who lifted her price target on the group by $9 to $95 a share following last …

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Nike's Stock Has Been Dogged By These Issues. Can A New CEO …

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Sep 20, 2024 · By James Rogers . New Nike CEO Elliot Hill is inheriting "a turnaround that has yet to show momentum," according to Stifel analyst Jim Duffy. Shares of Nike Inc. climbed 6% …

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Nike’s Stock Has Been Dogged By These Issues. Can A New CEO …

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Sep 20, 2024 · Shares of Nike Inc. climbed 6% Friday after the sneaker maker and sportswear giant announced a CEO switch. But analysts say that incoming chief executive and company …

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Leadership Change Lifts NIKE Stock 8% In A Week: Is It Time To Hold?

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Sep 25, 2024 · NIKE Inc. NKE stock has made a notable comeback, with shares rising as much as 8.1% in the past week. The rebound comes after the company welcomes long-time veteran …

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Nike Stock Rebounds As Company Names New CEO. Is It Too Late …

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Sep 22, 2024 · Shares of Nike (NKE-0.13%) jumped after the company announced that its CEO was stepping down and it is bringing back a former longtime exec to run the company.. …

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Leadership Change Lifts NIKE Stock 8% In A Week: Is It Time To

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Sep 25, 2024 · NIKE Inc. NKE stock has made a notable comeback, with shares rising as much as 8.1% in the past week. The rebound comes after the company welcomes long-time veteran …

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Why Nike Is On The Verge Of A Massive Comeback Rally

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4 days ago · Shares of athleisure giant Nike Inc. NYSE: NKE shares have been in a steep decline for more than 2 years, shedding a staggering 60% from their all-time high in late 2021. As we …

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Nike Stock Slides As Company Withdraws Guidance Amid CEO Change

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Oct 2, 2024 · Nike stock sank more than 6% on Wednesday after the company reported fiscal first quarter revenue that missed estimates and withdrew its outlook for the year amid a CEO …

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Why Nike Is On The Verge Of A Massive Comeback Rally

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6 hours ago · Shares of athleisure giant Nike Inc. (NYSE:NKE) shares have been in a steep decline for more than 2 years, shedding a staggering 60% from their all-time high in late 2021. …

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1 Move That Could Send Nike Stock Soaring | The Motley Fool

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Aug 17, 2024 · Starbucks stock soared 25% after it named a new CEO to drive a turnaround in the company after the business had faltered under CEO Laxman Narasimhan. A 25% jump on …

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Is Nike A Top Buy In 2025? - The Motley Fool

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Jan 9, 2025 · Nike's shares have declined 30% over the prior 12 months, while the S&P 500 delivered total returns of 27.5%. The company holds a commanding 16.4% share of the global …

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FAQs about In With the New: Is Nike Stock a Buy After CEO Change? Coupon?

Should you buy Nike if a new CEO takes over?

Quite often, though, companies also like to set low bars when a new CEO takes over. With Hill not set to officially take over until two weeks after the earnings announcement, Nike could still go this route. Given this, I'd probably wait until after earnings before looking to buy the stock. ...

How does the new CEO of Nike work?

Here’s how it works. Nike (NKE) stock is trading notably higher in Friday's session after the athletic footwear and apparel retailer announced the appointment of a new CEO. Effective October 14, Elliott Hill will take over as president and CEO of Nike, replacing current chief executive John Donahoe, the company said in a regulatory filing. ...

Is it too late to buy Nike stock?

Nike Stock Rebounds as Company Names New CEO. Is It Too Late to Buy the Stock? Nike shares struggled under its outgoing CEO. New CEO Elliott Hill will look to bring Nike back to its roots. With the stock trading at one of its lowest valuations in five years, it could be worth betting on a rebound in the stock. ...

Why did Nike (NKE) stock go up 5% on Tuesday?

Nike ( NKE 0.89%) stock finished up 5% on Tuesday even as there was no company-specific news out on the stock. Instead, the main driver of the gains came from a surprising source. Starbucks stock soared 25% after it named a new CEO to drive a turnaround in the company after the business had faltered under CEO Laxman Narasimhan. ...

Could Nike's new CEO make a comeback?

Shares of Nike have struggled over the past several years due to weak sales. The new CEO could help set a fresh course in the company's growth strategy. However, the stock may remain volatile due to several lingering uncertainties. This beaten-down consumer goods leader could be poised for a comeback. ...

Will Nike make a CEO change announcement on Oct 1?

Nike is set to report its earnings results on Oct. 1. Typically, companies will look to make CEO change announcements alongside other important news, such as earnings; why Nike didn't wait to make the announcement is a bit of a head scratcher. ...