Nike’s Market Value Surges By $6 Billion After Controversial Kaepernick Ad

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Nike’s Market Value Surges By $6 Billion After Controversial Kaepernick Ad

After an initial dip in share prices, Nike’s stock has skyrocketed to a near all-time high

Contrary to President Donald Trump’s claim that Nike would get “killed” by its decision to sign an endorsement deal with former NFL player Colin Kaepernick, the sportswear giant appears to be thriving.

As CBS News reported Friday, Nike’s market value has surged by nearly $6 billion since the company unveiled Kaepernick

so i guess people are not that bunged up about it even though the leader says as much.

i know lots of people on here are/were outraged about the nfl situation in general. not kneeling. we have all seen the threads.

as i suspect with most everything out here in the real world people just are not that pissed off about it and why should they be.

The company has sold out 61 percent more merchandise since releasing its Kaepernick ad, Reuters reported last week. Nike also discounted fewer products in the 10-day period after the ad compared to the 10-day period before its release.

6 billion though. damn man.

people must be buying a lot of Nike

has football attendance gone down?

have you stopped watching it?

i know when all this first came out my boss at work was all worked up over it and swore to never watch fotball again.
well thats not happening cause every time the browns play he talks about recording it and was quite happy with their first win in like a million years the other day.

This too shall pass .

originally posted by: Fallingdown
This too shall pass .

everything does.

it seems some people were pissed for a couple days. boycott football. boycott nike.
blah blah

then it is back to how it usually is

fake outrage man.
its all fake outrage

“Just like the NFL, whose ratings have gone WAY DOWN, Nike is getting absolutely killed with anger and boycotts,” the president tweeted in the days after the ad’s launch.

did anyone here actually stop watching football over this?

Mmm I love the smell of Capitalism in the morning.

Yay! capitalism!

Sometimes the people really do get their voice heard.

a reply to: TinySickTears

There’s no way I could totally boycott the NFL. So I made a compromise with myself. Instead of watching two or three games on Sunday in addition to Monday and Thursday night football. I only watch my favorite team once a week .

originally posted by: Fallingdown
a reply to: TinySickTears

There’s no way I could totally boycott the NFL. So I made a compromise with myself. Instead of watching two or three games on Sunday in addition to Monday and Thursday night football. I only watch my favorite team once a week .

right on man

thanks for answering

6 billion, damn.

You would think that they could afford to pay their slaves I mean workers better.

Contrary to President Donald Trump’s claim that Nike would get “killed” by its decision to sign an endorsement deal with former NFL player Colin Kaepernick, the sportswear giant appears to be thriving.

As usual, when Trump says something is dead or dying it means it’s actually growing in strength and opposes him.

I just got an idea for a Trump doublespeak dictionary. Nobody steal that idea.

a reply to: Annee

So, you're all for child/slave !abor in sweatshops at pennies a day ?
Asking for a friend.

The largest producers of Nike shoes are the factories located inChina, Vietnam and Indonesia, although dozens of other countries also contain Nike factories; these countries include Malaysia, Pakistan, India and Thailand.Jun 28, 2018

On August 21st the stock was $83
On September 21st the stock was $86

4ish percent increase in the last month.

The stocks rose 36 percent on the year, but most of that was just a strong economy.


Wait six months to see if kaepernicks add campaign had any effect on the stock.

originally posted by: DAVID64
a reply to: Annee

So, you're all for child/slave !abor in sweatshops at pennies a day ?
Asking for a friend.

The largest producers of Nike shoes are the factories located inChina, Vietnam and Indonesia, although dozens of other countries also contain Nike factories; these countries include Malaysia, Pakistan, India and Thailand.Jun 28, 2018

How else are they going to make 6b ? Can't do that employing well paid workers.

Besides, how can people burn their nikes, if they don't buy them first.

originally posted by: DAVID64
a reply to: Annee

So, you're all for child/slave !abor in sweatshops at pennies a day ?
Asking for a friend.

The largest producers of Nike shoes are the factories located inChina, Vietnam and Indonesia, although dozens of other countries also contain Nike factories; these countries include Malaysia, Pakistan, India and Thailand.Jun 28, 2018

why are you trying to make this about slave labor?

the boycotts or calls to boycott was never about their labor practices.

originally posted by: Muninn
6 billion, damn.

You would think that they could afford to pay their slaves I mean workers better.

so could every other mega billion dollar company

thats not what this was ever about

originally posted by: DAVID64
a reply to: Annee

So, you're all for child/slave !abor in sweatshops at pennies a day ?
Asking for a friend.

The largest producers of Nike shoes are the factories located inChina, Vietnam and Indonesia, although dozens of other countries also contain Nike factories; these countries include Malaysia, Pakistan, India and Thailand.Jun 28, 2018

Well that kinda kicks the pom poms and short skirt right in the sac dunnit!

originally posted by: Parishna

originally posted by: DAVID64
a reply to: Annee

So, you're all for child/slave !abor in sweatshops at pennies a day ?
Asking for a friend.

The largest producers of Nike shoes are the factories located inChina, Vietnam and Indonesia, although dozens of other countries also contain Nike factories; these countries include Malaysia, Pakistan, India and Thailand.Jun 28, 2018

How else are they going to make 6b ? Can't do that employing well paid workers.

Besides, how can people burn their nikes, if they don't buy them first.

Apple
Dow
Exxon
Union Pacific
Yeah, you can make loads of money and pay your employees well...

And people were burning the shoes they already owned.
You couldn't have thought they bought shoes just to burn.

originally posted by: Annee
Sometimes the people really do get their voice heard.

And what is the objective, exactly?

a reply to: TinySickTears

This article is somewhat disingenuous, considering Nike's stock slumped last month and now they are just starting to recover... and it's still lower than it was earlier this year. I guess they have to spin it somehow.

Stocks close lower on first trading day of September, Nike tops Dow losers

Tim Pool did a pretty good breakdown.

a reply to: TinySickTears

They should boycott football.

Bunch of overgrown men in tights and shoulder pads, bending over in front of each other. With some guy sticking his hand between the others guys legs looking for some ball. Then when they are all done they go shower together.

The game sounds sketchy to me.

But, in any case, I have a feeling that no one will stop watching their teams just because they are wearing Nike products. And I don't think that any players will stop wearing Nike products either. Have any players cancelled their Nike endorsements? Now that would be a protest.