Apple CEO Tim Cook Buys $3 Million of Nike Shares

Source: MacRumors

Tim Cook Purchases Nike Shares

Apple CEO Tim Cook disclosed a roughly $3 million open‑market purchase of Nike shares this week (via Reuters).

According to a regulatory filing published yesterday, Cook purchased 50,000 Class B shares of Nike on December 22 at an average price of $58.97 per share, for a total investment of approximately $3 million.