Tim Cook's Nike Stock Purchase Boosts Shares and Investor Confidence
TL;DR Summary
Apple CEO Tim Cook, who has been on Nike's board for 20 years, recently bought 50,000 shares of Nike, signaling confidence in the company despite recent disappointing quarterly results. His purchase caused Nike's stock to rebound after a decline, and it is viewed as a positive sign for Nike's leadership and future prospects.
- Tim Cook just bought 50,000 Nike shares, and investors noticed 9to5Mac
- Nike Stock Is Getting a Lift Today. The Reason? Apple CEO Tim Cook Investopedia
- Tim Cook did something he hasn’t done before — buy Nike’s stock on the open market MarketWatch
- Nike gains after Apple's Tim Cook buys the dip (NKE:NYSE) Seeking Alpha
- Apple's Cook doubles Nike stake, endorses CEO Hill's turnaround push Reuters
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