Chris Trottier on Nostr: Nike’s disastrous day is fascinating. A -20% drop in stock price is historic! Yet ...
Nike’s disastrous day is fascinating.
A -20% drop in stock price is historic!
Yet three years ago, they had a scandal where a Nike insider was re-selling rare Nike shoes.
And of course, there was a lot of euphoria about sneakers. Lots of flippers and bots taking advantage of it too.
It makes me wonder if the bubble has just popped.
https://www.latimes.com/business/story/2021-03-22/nike-sneaker-reseller-scandal
A -20% drop in stock price is historic!
Yet three years ago, they had a scandal where a Nike insider was re-selling rare Nike shoes.
And of course, there was a lot of euphoria about sneakers. Lots of flippers and bots taking advantage of it too.
It makes me wonder if the bubble has just popped.
https://www.latimes.com/business/story/2021-03-22/nike-sneaker-reseller-scandal