Nike Stock (NYSE: NKE) Weekend Update: Insider Buys, UBS Survey Signals, and What Investors Should Watch Before Monday’s Open
Nike shares last traded at $60.93 as U.S. markets closed for the weekend, with trading volume thin ahead of year-end. Insider buying, including Nike director Tim Cook’s purchase of 50,000 shares at $58.97, drew investor focus. UBS reiterated a Neutral rating and $62 target, citing gradual brand improvement. Next U.S. trading session opens Monday at 9:30 a.m. ET.