Tag: Elliott Hill

Billionaire Bill Ackman Is Betting Big on Nike. Down 57%, Is the Sportswear Stock Ready for a Comeback?

Posted on December 24, 2024 by thenewsaffair.com

Nike (NYSE: NKE) has been through the wringer lately. The world’s largest sportswear brand is suffering through one of the most challenging periods in its history. Revenue has now fallen….

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Can Nike’s new CEO tackle oversupply to boost the resale market?

Posted on December 21, 2024 by thenewsaffair.com

Nike (NKE) stock is in focus after the athletic company announced quarterly results and offered insights into new CEO Elliott Hill’s turnaround plan. Resale marketplace, StockX, chief operating officer and….