What’s Happening To Nike’s Stock?

Nike is doing just fine. Rick Strom and Robert Littal break it down. Give us your thoughts in the comments below!

Read more here:

“As the old saying goes, “There is no such thing as bad publicity.” While this is not always true as bad publicity often is a real threat to companies, it is very much true for Nike Inc. (NKE) in the wake of their controversial Colin Kaepernick ad campaign. While Wall Street reacted to the news by sending Nike down a little over 3% on September 4th, 2018, I believe Nike is bulletproof against any real damage as a result of the way the company is structured. Although the stock has regained the 3% it initially lost as of September 11th, 2018, investors may still be nervous about negative consumer sentiment moving forward. I am confident, however, this is nothing short of a strong, intelligent move for Nike that is already paying off in terms of increased sales and boosted social relevance.”

SUBSCRIBE to TYTSPORTS for more free sports news and content!
https://www.youtube.com/subscription_center?add_user=tytsports

Rick Strom
TWITTER: https://twitter.com/rickstrom
INSTAGRAM: https://www.instagram.com/rickystrom
FACEBOOK:

TYT Sports – one of the most dynamic sports shows on YouTube – is coming to Tune In! We cover all the latest need to know NBA, NFL, MMA, World Football [soccer] and breaking news specifically tailored to the young, dialed-in, and pop-culture savvy sports fan. Subscribe today and prepare to get hooked.

#TYTsports #TYT #TYTnetwork

Guest Author

The articles published by the Guest Authors are the opinions of these writers. We encourage strong writers to write content related to getmybuzzup to share with our viewers.

Next Post

DARREIN STL | "LIVING ALONE" [MUSIC VIDEO]

Thu Sep 13 , 2018
By Jack Barnes The year 2018 is shaping up to be the biggest year of Darrein STL‘s career. The East St. Louis artist has been paying his dues on Tech N9ne‘s Strange Music and has spent the year dropping heat. From summer party anthems to tales of making it from […]