Nike stock slides after RTFKT NFT unit sale report as RBC trims price target

Nike shares fell 2.5% on Wednesday, down $1.65 at $63.70 in afternoon trading after earlier touching $65.58.

Nike stock jumps after CEO Elliott Hill’s $1 million buy — what’s next for NKE

Nike stock jumps after CEO Elliott Hill’s $1 million buy — what’s next for NKE

Nike, Inc. shares rose 4.1% on Wednesday to close at $63.71 after Chief Executive Elliott Hill disclosed an open-market purchase of about $1 million in stock. Hill bought 16,388 Class B shares at a weighted-average $61.10 on Dec. 29, bringing his direct holdings to 241,587 shares, a Form 4 filing — the SEC’s required disclosure of insider trades — showed. The filing said the buy was executed in multiple transactions between $61.09 and $61.10. SEC
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US Stock Market Today Updates

MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Warsh at Jackson Hole

Policy tone can move rates, USD, equities, gold and crypto simultaneously.

#2

Michigan sentiment

A weak final reading or elevated inflation expectations could pressure risk assets.

#3

Chicago PMI

A surprise versus 58.0 may alter the near-term manufacturing-growth narrative.

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Times and estimates may change. Verify before trading.