NIKE STOCK CLOSES AT ALL TIME HIGH FOLLOWING KAEPERNICK CONTROVERSY

When the dust settled, Nike seems to be doing better than “just fine”. Ten days after the announcement was made that Kap would be the face of the “Just Do It” campaign, the sports apparel behemoth’s stock price closed at an all-time high on Thursday at $83.47, according to a report from Bloomberg. Nike did see a little bit of a dip immediately following the announcement, but has rebounded. The risk to side with Kaepernick seems to be paying off figuratively and literally for Nike.

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