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NFT: NFT: Nike stock down 4%

johnnyb : 2/21/2019 9:35 am
after the Zion Williamson injury. A PR nightmare for Nike.

Watching the game I did think the sneaker was the cause of his fall, but I never thought about the repercussions to the stock price. Shame on me, a former trader!
LoL  
LawrenceTaylor56 : 2/21/2019 9:38 am : link
Coming from the same company that sponsored CK recently. This will pass as well.
its also up like 30%  
UConn4523 : 2/21/2019 9:39 am : link
from this time last year.
lol  
Heisenberg : 2/21/2019 9:39 am : link
stock market is funny.
RE: its also up like 30%  
johnnyb : 2/21/2019 9:44 am : link
In comment 14302003 UConn4523 said:
Quote:
from this time last year.


Well, 23%, but it has acted well.

Something like this can be an issue, but I agree, this too shall pass.
Any publicity  
moaltch : 2/21/2019 9:47 am : link
is good publicity
if Union Carbide can rebound  
markky : 2/21/2019 11:01 am : link
from the Bhopal disaster and ValuJet can rebound from their disaster then I think Nike will survive.
.  
arcarsenal : 2/21/2019 11:01 am : link
Pretty sure Nike will be just fine.
Williamson has to wear Nike...  
bw in dc : 2/21/2019 11:05 am : link
because K has a direct deal with them, right?

RE: Williamson has to wear Nike...  
Mad Mike : 2/21/2019 11:31 am : link
In comment 14302173 bw in dc said:
Quote:
because K has a direct deal with them, right?

The contract with Nike is across Duke's whole athletic department, not specific to the basketball team.
RE: LoL  
Eman11 : 2/21/2019 11:32 am : link
In comment 14302000 LawrenceTaylor56 said:
Quote:
Coming from the same company that sponsored CK recently. This will pass as well.


It'll pass but if Zion suffered a significant injury because of this, it'll cost and haunt them for quite a while.
Ouch  
santacruzom : 2/21/2019 6:39 pm : link
Onion headline: "Nike Fires 8-Year-Old Shoemaker Responsible For Zion Williamson Injury"
what injury did he  
madgiantscow009 : 2/21/2019 6:44 pm : link
suffer?
RE: what injury did he  
Mad Mike : 2/21/2019 6:47 pm : link
In comment 14302733 madgiantscow009 said:
Quote:
suffer?

Sprained knee.
This  
charlito : 2/21/2019 6:53 pm : link
Isn't the first time a basketball player's foot went through a pair of Nike's. The same thing happened to Manu Ginobili.
Link - ( New Window )
Does anyone else just think it's freaking weird  
Leg of Theismann : 2/21/2019 6:56 pm : link
That this happened to the biggest start in college basketball in a generation, in the most anticipated game of the year, in the first minute of the game, and it's basically something that no one has ever reported happening like almost ever before? I mean really, the sole of the shoe immediately falling off? That's sounds like a cartoon or something.

Something was just very odd about this...
biggest star*  
Leg of Theismann : 2/21/2019 6:56 pm : link
typo.
My comment on the thread 5 mins after the incident.  
DonQuixote : 2/21/2019 7:17 pm : link
"The shoe should not have done that. I am not sure who Duke's shoe contract is with but I suspect they are already writing press releases."

If I knew how, I should have shorted Nike stock and made 4% in a single day ...

RE: RE: Williamson has to wear Nike...  
DonQuixote : 2/21/2019 7:19 pm : link
In comment 14302200 Mad Mike said:
Quote:
In comment 14302173 bw in dc said:


Quote:


because K has a direct deal with them, right?



The contract with Nike is across Duke's whole athletic department, not specific to the basketball team.


Oh please, a LOT of schools have Nike contracts. They are the largest show contract firm in the world.
RE: LoL  
christian : 2/21/2019 7:36 pm : link
In comment 14302000 LawrenceTaylor56 said:
Quote:
Coming from the same company that sponsored CK recently. This will pass as well.


The CK campaign was a profits bananza for Nike. There was nothing to "pass."
RE: Does anyone else just think it's freaking weird  
MetsAreBack : 2/21/2019 9:21 pm : link
In comment 14302744 Leg of Theismann said:
Quote:
That this happened to the biggest start in college basketball in a generation, in the most anticipated game of the year, in the first minute of the game, and it's basically something that no one has ever reported happening like almost ever before? I mean really, the sole of the shoe immediately falling off? That's sounds like a cartoon or something.

Something was just very odd about this...


Biggest college star in a generation ? Holy embellishment.
RE: RE: Does anyone else just think it's freaking weird  
Leg of Theismann : 2/21/2019 10:09 pm : link
In comment 14302855 MetsAreBack said:
Quote:
In comment 14302744 Leg of Theismann said:


Quote:


That this happened to the biggest start in college basketball in a generation, in the most anticipated game of the year, in the first minute of the game, and it's basically something that no one has ever reported happening like almost ever before? I mean really, the sole of the shoe immediately falling off? That's sounds like a cartoon or something.

Something was just very odd about this...



Biggest college star in a generation ? Holy embellishment.


I mean maybe you disagree but I'm far from the only person saying this. Note I said "college player" so Lebron doesn't count and neither does anyone else who skipped college ball. GQ just said he's the most exciting college player since Michael Jordan (link below). I know the media hypes things but I've seen this said by multiple people so please tell me which college player since MJ you would argue has been hyped more. Durant? Even Durant wasn't consensus #1 overall and didn't go #1. A lot of people are saying Zion is the next Lebron-caliber player in the NBA (again I know that's crazy hype but I'm just saying I'm not pulling this out of my ass).
GQ: Zion Williams most exciting college player since MJ - ( New Window )
RE: RE: LoL  
LawrenceTaylor56 : 2/22/2019 5:19 am : link
In comment 14302785 christian said:
Quote:
In comment 14302000 LawrenceTaylor56 said:


Quote:


Coming from the same company that sponsored CK recently. This will pass as well.



The CK campaign was a profits bananza for Nike. There was nothing to "pass."


I'm talking about the internet outrage and the small dip the Nike stocks took the next day in regards to CK and now this. Something that will pass. Just thought it was funny OP pointed out the stock going down.
RE: Ouch  
bradshaw44 : 2/22/2019 6:32 am : link
In comment 14302730 santacruzom said:
Quote:
Onion headline: "Nike Fires 8-Year-Old Shoemaker Responsible For Zion Williamson Injury"


That is hilarious.
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