Nike shares jump after Apple CEO Tim Cook buys $3 million stake
Nike shares ticked up 2% in premarket trading on Wednesday after Apple CEO Tim Cook bought nearly $3 million worth of the sportswear maker's stock. Cook, who has served on Nike's…
Nike’s China bet falters as sales fall for a sixth straight quarter
Nike is running out of time to prove its China playbook works. The U.S. sportswear giant’s sixth straight quarterly sales decline in the country - including a 20% drop in…