NIKE(US:NKE) Mei Ri Jing Ji Xin Wen·2025-12-25 01:40Core Viewpoint - Tim Cook, CEO of Apple and board member of Nike, has increased his stake in Nike by purchasing approximately $2.95 million worth of shares, signaling strong confidence in the company's future value [1][3][5] Group 1: Stock Purchase Details - Cook acquired 50,000 shares of Nike at an average price of $58.97 per share, totaling an investment of about $2.95 million [3] - Following this purchase, Cook's total holdings in Nike reached 105,480 shares, with a market value exceeding $6.04 million based on the closing price on December 23 [3] Group 2: Market Reaction - The announcement of Cook's stock purchase led to a 4.66% increase in Nike's stock price, closing at $60.01 on December 24, with a total market capitalization of $88.707 billion [3][4] Group 3: Insider Confidence - This marks the first time Cook has used personal funds to buy Nike shares, which is typically viewed as a strong signal of insider confidence in the company's prospects [5] - On the day before Cook's purchase, another board member, Robert Swan, also bought shares, indicating a trend of executives investing in the company to reinforce market confidence [5]