Nike is now announcing mass layoffs after being removed from the S&P 100…
Their stock is down about 50% this year. About 77% over five years. About 82% off the record high. Roughly $230 billion in market cap erased.
Nike used to inspire young athletes with legends like Michael Jordan, Tiger Woods and Derek Jeter.
Now they lift up Dylan Mulvaney, Colin Kaepernick, glorify obesity and push anti-American propaganda.
They believed in something, it cost them everything.
Go woke go broke remains undefeated.
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