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Apple CEO Tim Cook's $3 Million Nike Stock Purchase Sparks Investor Optimism

Summary by Live Mint
Apple CEO Tim Cook's purchase of nearly $3 million in Nike stock has sparked investor optimism. Following a recent earnings beat, Cook's confidence in Nike's long-term prospects is notable amidst ongoing strategic challenges and macroeconomic pressures.
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Apple CEO Tim Cook invested a million-dollar sum in Nike’s shares, in a move interpreted by the market as a sign of confidence in the restructuring process that the sportswear group is going through. The U.S. businessman acquired $3 million in company securities, which translates into the acquisition of 50,000 shares. As of December 22, Tim Cook holds approximately 105,000 shares, whose current market value is still unknown, according to regulat…

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marketbeat.com broke the news in on Tuesday, December 23, 2025.
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