US Stock Market Move | NIKE, Inc. Class B (NKE.US) rose in pre-market trading as the CEO spent $1 million to increase his stock holdings.

On the last trading day of 2025, as of the time of drafting, the stock price of NIKE, Inc. Class B (NKE.US) rose by 2.93% to $62.98 before the market opened on Wednesday; former CEO Elliott Hill had increased his stake in the company. NIKE, Inc. Class B disclosed in a filing to the U.S. Securities and Exchange Commission (SEC) that Hill purchased 16,388 shares at a price of $61.10 per share on December 29th. The value of Hill's recent purchase of NIKE, Inc. Class B shares slightly exceeded $1 million, and he currently holds 241,587 shares. Hill returned to work for NIKE, Inc. Class B at the end of 2024. Previously, he retired from NIKE, Inc. Class B in 2020, ending a 32-year career with the company. He is widely regarded as a "lifelong employee" of NIKE, Inc. Class B, with deep industry knowledge and a consumer-centric philosophy. Analysts believe that his return to NIKE, Inc. Class B could be a key moment in turning around the company's performance. The 52-week stock price range for NIKE, Inc. Class B is $52.28 to $82.44. The stock price has not reached three digits since March 2024.