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Valued Social Butterfly
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Re: Nike Kaepernick ad $43 million buzz in 24 hrs

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The stock market hasn't reflected ANYTHING about the health of Corporations for the last decade - ever since highspeed trading and algorithms replaced human traders on the floor of the exchanges.

 

Nike will probably lose Republodyte customers and gain business from those who honor Freedom, just like the GOPerLords will lose dupes in Congress as they are replaced with people who can think. In the end the thinking defenders of Freedom will win in both cases.

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Re: Nike Kaepernick ad $43 million buzz in 24 hrs

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@Epster wrote:

Tell that to shareholders.

 

 


Not long ago there was an instance of a major corporation taking a political stance to the conservative side. When those from the left turned out in protest the right wingers here scolded them for costing the company money with their negative protests and the bad press it created.

 

Being partisan about this?


"The only thing man learns from history is man learns nothing from history"
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Tell that to shareholders.

 

 

"The key to success is to keep growing in all areas of life - mental, emotional, spiritual, as well as physical." Julius Erving
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@Epster wrote:

And then there's this: 

 

Nike Loses $3.75 Billion in Market Cap After Colin Kaepernick Named Face of ‘Just Do It’ Ads

 

https://www.thewrap.com/colin-kaepernick-nike-stock-loses-4-billion-market-cap/

 

Nike just lost about $3.75 billion in market cap after announcing free agent NFL quarterback Colin Kaepernick as the new face of its “Just Do It” ad campaign. It’s the 30th anniversary of the iconic TV and print spots.

 

At the time of this writing, the sneaker company’s intra-day market capitalization was $127.82 billion. On Friday, that number had been $131.57 billion.

 

Market capitalization is the market value of a publicly traded company’s outstanding shares.

 


So should it always be about money?  Good for Nike.


"The only thing man learns from history is man learns nothing from history"
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And then there's this: 

 

Nike Loses $3.75 Billion in Market Cap After Colin Kaepernick Named Face of ‘Just Do It’ Ads

 

https://www.thewrap.com/colin-kaepernick-nike-stock-loses-4-billion-market-cap/

 

Nike just lost about $3.75 billion in market cap after announcing free agent NFL quarterback Colin Kaepernick as the new face of its “Just Do It” ad campaign. It’s the 30th anniversary of the iconic TV and print spots.

 

At the time of this writing, the sneaker company’s intra-day market capitalization was $127.82 billion. On Friday, that number had been $131.57 billion.

 

Market capitalization is the market value of a publicly traded company’s outstanding shares.

###

 

Me, I could care less. Both Nike and the NFL could go away and I would not notice, as I own zero Nike products and I've never been an NFL fan.

 

 

 

 

"The key to success is to keep growing in all areas of life - mental, emotional, spiritual, as well as physical." Julius Erving
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Nike Kaepernick ad $43 million buzz in 24 hrs

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Kaepernick Campaign Created $43 Million in Buzz for Nike - Bloomberg 

 

And  -  with what many in the corporate world and in the general public will interpret as an upraised middle finger to the trump corporate organization...

 

Nike is leaving its iconic Niketown property - Business Insider

44>dolt45
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