Nike CEO joins Tim Cook in betting his own money that the stock is bottoming

Core Viewpoint - Nike's stock experienced a significant increase following CEO Elliott Hill's announcement of open-market purchases, mirroring a similar action taken by Apple CEO Tim Cook just a week prior [1] Group 1 - Nike's stock surged on Wednesday, indicating positive market sentiment towards the company [1] - The timing of Elliott Hill's stock purchases aligns closely with Tim Cook's recent open-market transactions, suggesting a trend among top executives [1]