Derick Cobden

Buying:)))

BREAKING: Based on the latest SEC filings, on April 10, 2026, Tim Cook purchased 25,000 shares of Nike Class B common stock. He bought them at a weighted average price of $42.43 per share, valued at approximately $1.06 million.

Cook isn't just a random celebrity investor; he has served on Nike’s Board of Directors since 2005 and currently serves as the Lead Independent Director.

Nike (NKE) has had a brutal 2026 so far. In April, Nike shares hit their lowest levels since 2014. The stock is down roughly 36% over the last six months and has lost about 75% of its value since its 2021 peak.

The sell-off was triggered by Nike’s warning that sales would continue to decline through the rest of the year, specifically citing a 20% drop in China revenue and broader economic pressures from Middle Eastern conflicts.

This is Cook’s second major purchase in months; he previously bought $3 million worth of shares in December 2025 when the price was higher ($58.97).

All the shorts pushing for a drop lol so obvious

This news will be good

To the moon tmmrw:)

All the bears commenting to push down. It will turn and ride back up to 25 plus imo