Protesters & Stock Holders Run a Series of Blitz Against Nike – Details Here!
Shortly after announcing its deal with Colin Kaepernick, Nike got hit with a blitz by protesters which is threatening to shake the foundation of the iconic brand. Many consumers of Nike have begun burning all of their shoes in protest. Many Nike stock holders, in protest, have sold all of their shares of the company’s stocks in protest. The combination of these two response has caused the Nike stock to drop significantly. The brand’s evaluation subsequently has also dropped in reflection of the protests.
Regardless to the protest which now includes members of law enforcement and the military, Nike went ahead with the launch of its advertising campaign featuring Colin Kaepernick. Some feel the signing of Kaepernick was precisely what Nike needed to revitalize it’s brand. Others include stock market insiders that we’ve spoken to feel, this is a great time to consider buying Nike stock. The thinking is, the Nike stock will eventually rebound. The fear is, the now Nike protest may spill into the streets as those wearing the upcoming Kaepernick Nike apparel may come under attack. Stay tuned as this story continues to expand, we will keep you posted.
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