Nike (NKE) Stock Drops After Duke Basketball Star's Shoe Splits

In the last year, which is 251 trading days, NKE has closed more than 1% away from its previous close 118 times.

So, in other words, NKE moves 1% or more 47% of the time.

No news here, except that it held up rather well given the negative publicity.

Calculations done in Excel based on the link below:

[0] - https://finance.yahoo.com/quote/NKE/history?period1=15192570...

It was a down day for the entire market...joke of a headline

If you want to see real market movers check out Heinz ($KHC) down 20% and Stamps.com ($STMP) down 47%!

1% vs 0.6% for the market... clickbait-storm!

Nike doesn't care about quality shoes or foot health, they care about brand popularity.

Shoes split like this all the time especially more so when used by incredibly powerful athletes like ZW. I would bet this isn’t the first time this has happened to him and that it wont weigh an ounce in his decision to sign with a shoemaker.

nike stock dropped like 1%, this seems way oversensationalized

Is a 1.05% drop that big of a deal?