Nike closed over $80 yesterday, very close to it's 5 year high.
I was just going to look that up. I had a feeling that this wouldnt hurt them. I think our far right aquaintances noise isnt as loud or influential as they would like to think.
Nobody cares about child labor or slavery. Look at Apple.
Of course they should but they have plenty of company.
Nestle is one of the worst and it's damn near impossible to avoid buying their stuff. The list of companies they own is mind boggling.
But as far as the market goes nobody cares how the shares go up as long as they go up.
One of the blessings of a market economy, life is cheap.Just another resource to be exploited to exhaustion or collapse.
I already boycott Nike for their use of child labor, but I support Kaepernick's kneeling. I will be watching and suspect their stock will do fine.
This won't hurt Nike at all. With all the attention they are getting, their stocks will sky rocket.
I wear sneakers made by an obscure Danish company.