Nike Stocks Continue To Crater For The 5th Year In A Row

Nike Loses Nearly $200 Billion in Market Value Since 2021 as Stocks Plunge to 12-Year Low

Nearly ten years ago, Colin Kaepernick sat, then knelt, for the national anthem for the first time. Fast-forward ten years, and the once-iconic athletic apparel brand that embraced him is also on its knees. The post Nike Loses Nearly $200 Billion in Market Value Since 2021 as Stocks Plunge to 12-Year Low appeared first on Breitbart.

Nike Stocks Continue To Crater For The 5th Year In A Row

Source: Nike / NIke Nike might still be the most popular sneaker brand out in these streets in 2026, but that sure as heck isn’t reflected in its stock value as the swoosh brand continues to see stock prices plummet something horrible for the fifth consecutive year in a row. According to Complex, Nike shares dropped another 4% on Aug. 17, and hit its lowest since 2014 as each share was valued at $39. This comes after Nike hit its stock peak in 2…

Cruz Mocks Nike as Shares Plunge 78%, Erasing Roughly $200 Billion in Value

Nike’s prolonged stock-market collapse has erased approximately $200 billion from the sportswear giant’s value since its 2021 peak, prompting Sen. Ted Cruz to revive his criticism of the company and declare that its politically charged decisions drove away customers like him. Shares of Nike have sunk to levels not seen in nearly 12 years, extending a years-long decline as the company grapples with weakening sales through its direct-to-consumer b…

Popular shoe brand's stock erased $200 billion in market value

The drawdown is now the worst in the company's history, and the technicals aren't improving.