Nike stock price halved within ~30 months

    https://i.redd.it/2wzintqwea9d1.jpeg

    Posted by Mandoriax

    16 Comments

    1. CitronEmergency8805 on

      What else are you expecting? They can’t grow their business to save their lives

    2. Key-Pomegranate-2086 on

      The only chance they had was early olympic gear sales and nope.

      Deck (hoka) is taking away their retail anyways

      Nke brand itself has no sales. The sales are from the resellers of old nike shoes (even if new it’s sold out already for lower costs in bulk) for high premiums.

      Might as well just invest more in Amazon, ebay or meta (fb marketplace) instead

    3. SonnyJackson27 on

      Their recent clothing stuff is expensive as shit and the design made for younger ppl, weird patterns and color combinations (and look horrible). Adidas specifically went retro, Nike went ‘futuristic’ I guess.

    4. I thought their stock went up and sales exploded with Kaepernick. Just bring that guy back…

    5. Train2Perfection on

      Their shoes are stupid expensive and hard to get any pair you actually want. I’ve been on the SNKRS app for years and have never won a draw. F Nike!

    6. grip_n_Ripper on

      They can turn it all around with a new, highly relevant, and contemporary slogan: “Just Hawk To-It!”

      Somebody make this into meme, and let’s pitch it to Nike, we’ll make millions. And then lose them on 0DTE plays.

    7. 1. too expensive
      2. too many fake nike products available.
      3. People who like nike products will not buy bcz it’s expensive af, ppl who like logo will buy the counterfeit products.
      4. too much competition. so many random clothing start-ups popping up.

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