🌟🌟🌟Tim Cook recently bought more shares in
$Nike(NKE)$ primarily to signal his strong confidence in Nike's current management and its ability to execute a turnaround plan for Nike. This purchase served as a public endorsement during a challenging time for Nike's stock.
The timing of this significant insider purchase was critical. It came at a time after Nike's share price plunged 10% following disappointing earnings report that highlighted ongoing challenges with sales in China and margin pressures from tariffs.
@Tiger_comments @TigerStars @Tiger_SG @TigerClub @CaptainTiger
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments