Apple’s Tim Cook buys $3 million in Nike stock

Apple CEO Tim Cook
Nike shares gained ground in premarket trading on Wednesday following news that Apple CEO Tim Cook acquired nearly $3 million worth of the company’s stock.
According to a regulatory filing released on Tuesday, Cook purchased 50,000 shares of Nike at $58.97 per share. As of December 22, he now holds approximately 105,000 shares in the sportswear giant.
Cook, who has been a member of Nike’s board of directors since 2005 and serves as its lead independent director, ma