Nike stocks drop 2.9% in wake of Kaepernick deal
The move prompted immediate calls for boycotts. Nike’s business model appears to have suffered at the hands of controversy as stocks have dropped by over 2% following the introduction of NFL player Colin Kaepernick as a face of the brand. Kaepernick – who famously chose to kneel during the playing of the American national anthem […]
8 years ago
Facebook is reported to have lost as much as $150 billion in market prices in just one day
Zuckerberg alone is said to have lost over $11 billion. With a b. On Thursday, the social media outlet noted a stock price drop of over 18%, which accounts for an overall cost decrease in excess of $150 billion. This is believed to be in direct relation to Facebook’s first quarterly forecast since the Cambridge Analytica […]
8 years ago