Nike Stock Steps Up With Apple CEO Tim Cook Buying

Nike (NKE) stock advanced during Wednesday’s abridged stock market after regulatory filings showed Apple (AAPL) CEO Tim Cook purchased roughly $3 million worth of Nike shares. Cook, who currently serves as lead independent director and chair of the Nike board’s compensation committee, disclosed that on Dec. 22 he bought 50,000 class B Nike shares at $58.97, worth approximately $2.95 million.…