Nike stock pops 2% on China-Europe leadership shuffle — what investors watch next for NKE
Nike shares rose about 2% to $64.92 Wednesday afternoon after the company announced new regional leadership for Europe, the Middle East, Africa, and Greater China. César Garcia will take over EMEA on Feb. 2, replacing Carl Grebert, while Cathy Sparks will lead Greater China after Angela Dong departs March 31. The stock remains 23% below its 52-week high. Nike’s next earnings report is scheduled for March.