Wall Street is celebrating that CEO Elliott Hill's turnaround plan is starting to pay off.
NKE beats Q4 estimates despite steep revenue and EPS declines, as its Win Now strategy shows early signs of traction.
Close Key Takeaways Nike shares surged 15% Friday after the shoe and athletic apparel maker beat estimates for the fourth quarter.Sales and profit fell less than expected year-over-year as new CEO Ell
Close U.S. stock futures are pointing slightly higher as the S&P 500 and Nasdaq approach record highs and investors review the trade agreement between the U.S. and China; May inflation is expected to
Live Updates Live Coverage Updates appear automatically as they are published. UBS Touts Preferred Securities 11:22 am by Gerelyn Terzo UBS senior fixed income strategist Frank Sileo is bullish on pre
Nike confirmed that the largest financial impact from its turnaround plan is now in the past, boosting investor confidence that the company's results will soon stabilize. A number of Wall Street banks
Nike said Thursday (June 26) that the new U.S. tariffs currently in place will cost the company about $1 billion. [contact-form-7] The footwear and apparel company is working to mitigate that gross in
U.S. equities jumped at midday, with the S&P 500 and Nasdaq trading at record highs, as the U.S. struck a trade deal with China and indicated more agreements are coming. The Dow Jones Industrial Avera
Opening Bid anchor Brian Sozzi discusses what's driving markets for June 27, 2025. The S&P 500 and Nasdaq opened at record highs.

Why Nike Stock Is Skyrocketing Today

11:40am, Friday, 27'th Jun 2025
Nike (NKE 17.78%) stock is surging in Friday's trading following the company's recent quarterly report. The footwear and apparel specialist's share price was up 14.5% as of 10:45 a.m.
In trading on Friday, shares of Nike crossed above their 200 day moving average of $71.77, changing hands as high as $72.84 per share. Nike shares are currently trading up about 14.8% on the day.
However, Nike said it will continue to operate in places like China. Transcript: CAROLINE WOODS: Just weeks after Nike warned it would hike prices due to tariffs—we now know the damage from the levi
Nike stock price witnessed a bumper opening on Friday as it surged 15% in early trading, a day after announcing its plans to shift the production away from China. The rally in Nike stock price came am
Nike Inc (NYSE:NKE) is the best Dow stock by far today, last seen up 14.8% to trade at $71.85.
Reaction to Nike's (NKE) earnings were mixed after the company posted its earnings beat, but as Jenny Horne explains, the stock rallied in the premarket. She talks about how bottomed expectations for
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