Massive News for Nike Stock Investors

By Parkev Tatevosian, CFA – Sep 23, 2024 at 9:50AM

NYSE: NKE

Nike

Market Cap

$93B

Today's Change

(0.22%) $0.14

Current Price

$62.81

Price as of June 6, 2025, 3:58 p.m. ET

Nike announced a leadership change at the top of the company, likely leading to a strategic shift.

Fool.com contributor Parkev Tatevosian discusses what the latest developments could mean for Nike (NKE 0.22%) stock investors.

*Stock prices used were the afternoon prices of Sept. 19, 2024. The video was published on Sept. 21, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nike. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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