Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...

Cavanagh, CEO of Nike John Donahoe, CEO of Comcast Brian L. Roberts at the Olympic Games in Paris. In a big shakeup, Nike is ...

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

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

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 shares moved higher Friday after the world’s largest athletic apparel and equipment company announced Elliott Hill will ...