Nike's hard-hit shares topped the Dow's leaderboard Friday as Wall Street analysts largely welcomed the company's appointment of longtime executive Elliott Hill as its new CEO.
Nike's hard-hit shares surged Friday, leading the Dow's advancers, as Wall Street analysts broadly welcomed the appointment of veteran executive Elliott Hill as the new Chief Executive Officer (CEO).…
The S&P 500 this year had its best May since the rip-roaring days of 2020, rising 4.8% over the month. However, much of that gain came at the beginning of the month as Wall Street cheered encouraging economic data and a slew of earnings reports showing the resilience of corporate earnings. The ebullience fizzled out…