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Nike stock rises after board member buys $3M stake

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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 board since 2005 and is its lead independent director, bought 50,000 shares at $58.97 each, according to a regulatory filing published on Tuesday. The […]

The postNike stock rises after board member buys $3M stakeappeared first onRolling Out.

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