• Nike Shares Close at Another Record High After Controversial Colin Kaepernick Endorsement

    2 monthes ago - By Fortune

    Investors have weighed in on Nike's ad campaign that features controversial former NFL quarterback Colin Kaepernick. Despite all of the swooshes scissored away by the company's critics, the company's stock closed at a record high on Friday.
    Nike shares closed up 2 cents to $83.49, the sixth straight day of closing all-time highs. Nike initially stumbled with the public backlash to the endorsement deal with Kaepernick, but its stock has risen 5% since it announced the marketing partnership.
    Kaepernick took a knee while the national anthem played during a football game in 2016, protesting...
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