Nike Stocks Hit an All-Time High Thanks to Colin Kaepernick
His affect on the brand continues to grow.
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SPORTS 20 Mins ago
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Mallory Chin
Colin Kaepernick‘s affect on Nike keeps rising up, having reportedly now boosted
Nike‘s stock price, closing at an all-time high of $83.47 USD on Thursday. According to
Bloomberg, this announcement comes just 10 days after Nike chose Kaepernick as the face of its latest
“Just Do It” campaign and followup
“Dream Crazy” ad, and seven days after Nike recored a
31% increase in online sales.
Though initially after announcing Kaepernick as the face of Nike’s new ad caused a dip in the sportswear giant’s sales, Nike’s profit has since turned around after teaming up with the controversial quarterback-turned-activist, with stocks continuing to rise. Keep it locked here for more more on the story as it unfolds
Cats thought buring up nike gear was gonna help them boycott nike and stagnant thier sales I laugh In my nike penny 2's