December 22, 2024

Nike’s shares are rallying after it named a new CEO. One analyst says it still has work to do.

 Nike’s shares are rallying after it named a new CEO. One analyst says it still has work to do.

Nike’s shares are rallying after it named a new CEO. One analyst says it still has work to do.

Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.