Nike stock today: NKE rises after CEO Elliott Hill buys $1 million of shares
Nike shares rose 4% to $63.71 on Dec. 31 after an SEC filing showed CEO Elliott Hill bought $1 million in stock, acquiring 16,388 Class B shares at an average $61.10 each. Hill now holds 241,587 shares. The purchase follows recent insider buys and comes as Nike faces margin pressure and weak China sales flagged in its December earnings update.