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TIM COOK DOUBLES HIS STAKE IN NIKE, SHARES RISE

  • NEWS Desk Global
  • Dec 24, 2025
  • 1 min read

Apple chief Tim Cook bought shares worth about $3 million in Nike, a move that nearly doubled his personal stake in the sportswear maker and signaled confidence in the turnaround strategy laid out by CEO Elliott Hill.

Shares of the company closed 4.6% higher on Wednesday after a regulatory filing showed that Cook, who has been on Nike's board since 2005, bought 50,000 shares at $58.97 each.

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