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crixus

Nike Stock Closes At Record High

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Last weeks protest and boycott didn't work. The Nike swoosh is even $tronger than before. 

https://sports.yahoo.com/nike-stock-closes-record-high-040836169.html

ca3e85b0acd83b9962277f81070dec1f

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9 hours ago, crixus said:

Last weeks protest and boycott didn't work. The Nike swoosh is even $tronger than before. 

https://sports.yahoo.com/nike-stock-closes-record-high-040836169.html

ca3e85b0acd83b9962277f81070dec1f

If there is any effective boycott, it won't be felt in the first week.  Those that support Nike's decision are out buying Nike.  Those that oppose Nike's decision are out buying Adidas.  Emotional, reactionary, decisions in the first week or two most likely do not reflect any long-term impact to Nike.  When I need another pair of tennies in six months, will I consider Nike?  This long-term cycle is what will matter, if at all.

Nike's stock price movement 2-days after they dropped the commercial is pretty much all emotion.

The World Needs More Cowboys!

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23 hours ago, pokebball said:

If there is any effective boycott, it won't be felt in the first week.  Those that support Nike's decision are out buying Nike.  Those that oppose Nike's decision are out buying Adidas.  Emotional, reactionary, decisions in the first week or two most likely do not reflect any long-term impact to Nike.  When I need another pair of tennies in six months, will I consider Nike?  This long-term cycle is what will matter, if at all.

Nike's stock price movement 2-days after they dropped the commercial is pretty much all emotion.

This is true. Excellent post.

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