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A stronger stock price for Nike wouldn't hurt, either. Shares have fallen 20% between January 13, 2020 — when Donahoe joined as CEO — and September 19's market close, per Yahoo Finance data.
Nike (NYSE: NKE) is a ubiquitous sportswear brand with a trailing 12-month revenue of $49 billion. The lower share price means that investors can buy the stock at a lower multiple of Nike's sales ...
Nike (NYSE: NKE) stock posted substantial gains in Monday's trading trading. The company's share price ended the daily session up 3%, according to data from S&P Global Market Intelligence .
Shares are down 24% this year, with an even steeper 52% decline from its all-time high stock price of $171.71 in November 2021. Nike has struggled to navigate shifting consumer spending trends.
After being promoted to Chairman in 2016, Parker's compensation tripled to over $47.6 million - $33.5 million of which came from stock rewards. [10] In 2015, Parker was named Fortune's Businessperson of the year. [11] It was announced in June 2015 that Mark Parker is replacing Phil Knight as company chairman of Nike in 2016. [12]
The stock was also helped after Starbucks soared on news it was replacing its CEO, since many on social media said they would like Nike to make a similar move. Shares of Nike were up 5.3% as of 2 ...
But that doesn't automatically mean it is a buy today. At its current market cap of $24.6 billion, the stock trades at a forward price-to-earnings ratio of 30.4. This is a forward metric based on ...
Nike shares hit an all-time high of $177.51 in November 2021 as Hill’s predecessor, the retiring John Donahoe, earned plaudits for deftly steering the company through the COVID-19 pandemic.