Tim Cook just bought 50,000 Nike shares, and investors noticed

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Apple CEO Tim Cook, who’s been on Nike’s board for 20 years, just doubled his stake in the company. The news helped ease a 13% drop after the company’s disappointing quarterly results last week.

Tim Cook signals confidence in Nike CEO Eliott Hill

If you’re into sneakers, you’ve probably noticed how Tim Cook tends to wear flashy Nikes during some of his public appearances.

That is no coincidence. Cook has served on Nike’s board since 2005 and, in 2016, stepped…



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Tim Cook just bought 50,000 Nike shares, and investors noticed


Apple CEO Tim Cook, who’s been on Nike’s board for 20 years, just doubled his stake in the company. The news helped ease a 13% drop after the company’s disappointing quarterly results last week.

Tim Cook signals confidence in Nike CEO Eliott Hill

If you’re into sneakers, you’ve probably noticed how Tim Cook tends to wear flashy Nikes during some of his public appearances.

That is no coincidence. Cook has served on Nike’s board since 2005 and, in 2016, stepped…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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