Shares of NKE stock initially dropped the day after


Nike has already faced waves of criticism for its involvement with Kaepernick, a former quarterback who became an advocate for racial justice by kneeling during the pregame national anthem. Shares of NKE stock initially dropped the day after Nike first announced Kaepernick as the face of a new campaign in September 2018, as NikeBoycott was trending on Twitter. In the days after, the stock recovered, closing the next day at $83 per share, an all time high for the company..

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