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Nike stock soars 17% after CEO soothes investors, says recovery is on the horizon

Summary by CNBC
Nike investors finally have an answer from CEO Elliott Hill about how long its turnaround plan will take, boosting confidence that upside is ahead.

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Nike stock soars 17% after CEO soothes investors, says recovery is on the horizon

Nike investors finally have an answer from CEO Elliott Hill about how long its turnaround plan will take, boosting confidence that upside is ahead.

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  • 100% of the sources are Center
100% Center
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CNBC broke the news in on Friday, June 27, 2025.
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