Tim Cook Purchases 25,000 Shares of Nike Stock
Tim Cook, CEO of Apple, purchased 25,000 shares of Nike stock at $42.43 per share, totaling over $1 million, near Nike's 52-week low. Nike's stock rose approximately 2% in after-hours trading following the disclosure. Cook, a Nike board member, has been consistently buying Nike shares over time.
Topics: Apple executive actions Nike SEC filings stock purchases