Nike Now Going Belly-Up!
From Colin Kaepernick to Dylan Mulvaney, Nike waged a decade-long cultural war that has now deeply stung the once-profitable company.
Nike’s go for broke attitude on woke topics has finally — and fittingly — caused the firm to go broke. It’s suffering such a great fallout that Nike has been delisted from the S & P 100 index after suffering a $200 billion loss in market value.
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