Get the Strap


Nike shares drop 1% on Zion Williamson injury

By  | 

An on-paper loss of about $1.2B.

Duke’s star freshman, who is widely projected to be the No. 1 pick in the upcoming NBA draft, suffered a knee injury when his shoe ripped apart during a game on Wednesday. On Thursday, hours after Nike released a statement saying that they “are working to identify the issue,” the company’s shares had dropped by about 1%.

Check out the stack for all the latest information and reactions.

Co-founder of @stackerdecks @solegrind // @redsox @patriots @celtics @bruins fan // Defending AFL-A Fantasy Football Champion.

Leave a Reply

Your email address will not be published. Required fields are marked *