Nike Is Up $6 Billion Since Release Of Kaepernick Ad

[phands]

Love it...another fuck-you to the orange shitgibbon...

In spite of the (objectively hysterical) backlash Nike dealt with after the company dropped their Colin Kaepernick “Just Do It’ campaign earlier this month, business is booming.


According to last Friday’s CBS News report, the brand’s shares have surged 36 percent this year, making it a top performer on the Dow’s index of 30 blue-chip stocks. This includes nearly a five percent increase since the launch of Kaepernick’s ad on Labor Day Weekend, which added $6 billion to the Nike’s overall market value.

https://wokesloth.com/nike-is-up-6-billion-since-kaepernick/mariam/

 

[Worldtraveller]

I'm going to have to start buying my stocks based on who the GOP is shitting on.

See!! The GOP is good for the economy!

 

[jonatha]

NUCOR (NUE) market cap on 11/7/2016 $17.98B; on 9/24/2018 $20.34B. Change since the election (more or less) $2.36B or 13.12%

NIKE (NKE) market cap on 11/6/2016 $92.31B; on 9/24/2018 $139.81B. Change $47.5B or 51.45%.

Paging RVonse...

https://www.macrotrends.net/stocks/charts/NUE/nike/market-cap and https://www.macrotrends.net/stocks/charts/NKE/nike/market-cap

 

[phands]

Paging RVonse...

Cleanup in the mens toilets

I think that's more apposite.

 

[JohnG]

That’s what conservatives call market correction.

 

[thebeave]

I sure hope those little sweatshop kids can keep up the demand!

 

[jonatha]

Actually, I got the wrong steel company. RVonse has I believe cited the performance of US Steel's stock.

US Steel (X) market cap on 11/7/2016 $3.98B; on 9/24/2018 $5.27B. Change $1.29B or 32.41%

https://www.macrotrends.net/stocks/charts/X/united-states-steel/market-cap

 

[Gospel]

That's why they call it a bull market folks. When a company correctly responds to bullshit their stocks go up.

 

[Harry Bosch]

I wonder what would happen to the stock if Colin were to get hired by an NFL team, then go mainstream! It might be better for his brand if he turned it down.