Nike shares rise 4% as Apple's Tim Cook doubles personal bet on CEO Elliott Hill's overhaul effort
- Posted on December 24, 2025
- By Business News Today
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Nike shares rise 4% as Apple's Tim Cook doubles personal bet on CEO Elliott Hill's overhaul effort
Nike shares rose nearly 4% in early trading on Wednesday after Apple CEO Tim Cook doubled his personal stake in the sportswear maker, raising his bets on the margin-pinching turnaround efforts led by CEO Elliott Hill.
