Nike’s stock (NKE) rose 4.1% after CEO Elliott Hill purchased $1 million in company shares. This move signaled confidence in Nike’s future amidst market challenges. Despite a 13.5% decline in 2025, NKE outperformed industry peers like Adidas AG (ADDYY) and Birkenstock Holding plc (BIRK).

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Read more at Nasdaq: NKE Jumps 4.1% on Dec. 31 After CEO’s $1 Million Insider Buy