Nike Stock News (NKE) on Dec. 24, 2025: Tim Cook’s Insider Buy Sparks Rally as Wall Street Reassesses the Turnaround
Nike shares rose about 5% to $60 in a shortened session Dec. 24 after SEC filings showed Apple CEO Tim Cook bought nearly $3 million in Nike stock on Dec. 22. Cook, Nike’s lead independent director, purchased 50,000 shares at around $58.97 each. Director Robert Swan also bought 8,691 shares. The insider buying followed Nike’s fiscal Q2 earnings release.