Nike and Apple Executives Show Confidence with Multi-Million Dollar Investments
TL;DR Summary
Apple CEO Tim Cook has invested an additional $3 million in Nike, signaling confidence in Nike's ongoing turnaround efforts under new leadership, despite recent setbacks and declining profits, as he sees potential for a strong recovery and value in the company's brand and innovation strategies.
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- Bullish flow in Nike with shares up 4.34% Yahoo Finance
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