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Nike Stock Hits Shocking Amount After Kaepernick Campaign

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The Smoke Room
September 14, 2018

Nike’s stock closed at an all-time high on Thursday, hitting a record $83.47 at the closing bell.

Nike has been at the center of controversy since it rolled out a new ad campaign with former NFL quarterback Colin Kaepernick late this summer. In the series of ads, Kaepernick urges aspiring athletes to “believe in something, even if it means sacrificing everything.”

Kaepernick was also tapped to narrate a two minute promotion for the shoe company, with the catch phrase, “Don’t ask if your dreams are crazy, ask if they’re crazy enough.”

Nike’s Kaepernick campaign prompted considerable buzz on both sides. Some predicted Nike’s move would tank the business and its stock valuation.

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This article was posted: Friday, September 14, 2018 at 6:07 am

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