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Nike stock pops 5% as the new CEO's turnaround plan gets a rave review
Nike (NKE) stock jumped more than 5% after Jefferies (JEF) gave the company a rave review, saying that CEO Elliott Hill is tackling production and distribution head-on and that it expects a “V-shaped” rebound in profit margin and earnings per share in the 2027 financial year.Read more...
Nike (NKE) stock jumped more than 5% after Jefferies (JEF) gave the company a rave review, saying that CEO Elliott Hill is tackling production and distribution head-on and that it expects a “V-shaped” rebound in profit margin and earnings per share in the 2027 financial year.
