Archive · 26 Dec 2025
Apple CEO Tim Cook buys $3M Nike shares
Tim Cook, the CEO of Apple, bought a lot of Nike shares worth $3 million.
This is a big deal because it shows he believes in Nike's future.
Nike's stock price went up by 4.6% after this news.
Cook has been on Nike's board for a long time and even wears Nike clothes often.
Analysts think this purchase is a good sign for Nike's new CEO, Elliott Hill, who is trying to make the company better.
Apple CEO Tim Cook purchased $3 million worth of Nike shares.
The purchase increased Cook's stake in Nike to 105,000 shares.
Nike's stock price rose by 4.6% following the news.
Analysts view the purchase as a positive sign for Nike's progress.
Cook has been on Nike's board since 2005 and is the lead independent director.
- Who
- Tim Cook, CEO of Apple and member of Nike's board
- What
- Purchased $3 million worth of Nike shares
- When
- On December 22
- Where
- Nike's stock market listing
- Why
- To show confidence in Nike's progress and leadership
- Person
- Tim Cook
- Company
- Nike
- Amount
- $3 million
- Shares Purchased
- 50,000
- Price per Share
- $58.97
- Total Shares Held
- 105,000
- Stock Price Increase
- 4.6%
- Date of Purchase
- December 22