Tim Cook's Nike Stock Purchase Boosts Shares and Investor Confidence
Originally Published 18 days ago — by 9to5Mac
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.