A New Era for NIKE (NKE): Elliott Hill’s Return and Stock Rebound
On Friday, NIKE, Inc. (NKE) saw a notable increase of +5.59%, bringing its stock price to $85.51 during premarket trading. This movement comes in the wake of significant news regarding a leadership change within the company, as Elliott Hill is set to assume the role of President and Chief Executive Officer on October 14, 2024.