Tuesday, 31 March, 2026
Nike Shares Surge as Apple CEO Tim Cook Makes Strategic $3 Million Stock Purchase
By Isha
Nike's stock climbed significantly following news that Apple CEO Tim Cook, who serves as a lead independent director for the sportswear giant, purchased $3 million worth of shares. This high-profile insider buy is being viewed by investors as a major vote of confidence in Nike’s long-term recovery and brand strength.