Professor Fate wrote:Source of the post Nike just lost $4.2 billion in the market today.
Nike Stock Price Reaches All-Time High After Colin Kaepernick Ad
Shares of Nike reached an all-time high Friday afternoon, rebounding from a recent dip spurred by concerns about consumer boycott after the athletic apparel maker signed a high-profile deal with former NFL quarterback Colin Kaepernick.
Since Nike announced the campaign on Labor Day, shares are up about 4 percent. Longer-term, Nike stock has surged 33 percent this year.
https://www.cbsnews.com/news/nike-stock ... d-boycott/