Categories: Blog

As Zion Williamson Falls, So Does Nike Stock

Feruary 21, 2018

It was the tear heard around the world.

Duke University superstar Zion Williamson, presumably the first overall pick in the upcoming draft, broke through his Nike PG 2.5 shoe while facing off in the Blue Devils’ biggest game of the year against the rival North Carolina Tar Heels.

The mishap sent Nike Inc NKE 0.98% shares down as much as 2 percent Thursday. Williamson is expected to sign one of the biggest rookie shoe contracts in some time and plays for Duke, a Nike school, leading many to believe he will sign with the brand ahead of his first NBA season.

 

To Read More – https://www.benzinga.com/news/19/02/13221253/as-zion-williamson-falls-so-do-nike-shares

IndiNews

Recent Posts

  • Blog

2024 NBA: A Recap Of The Thunder And Rockets Game

The Oklahoma City Thunder showcased their potential in their second preseason game, with their regular roster proving why they're viewed…

October 15, 2024 4:00 am
  • Blog

2024 NBA Preseason Guide: Key Dates, Game Times, and How to Watch

2024 NBA Preseason Guide: Key Dates, Game Times, and How to Watch The NBA is gearing up for another exciting…

September 13, 2024 4:58 am
  • Blog

Unlocking the Secrets of Fantasy Basketball Success

  Fantasy basketball is a game where participants create virtual basketball teams composed of actual NBA players. These teams compete…

August 16, 2024 9:06 am
  • Blog

NBA Finals Records & History

NBA Finals Records & History The NBA Finals are a showcase of basketball excellence, where the best of the best…

July 15, 2024 12:37 pm
  • Blog

NBA Betting Strategies For Beginners

NBA Betting Strategies For Beginners Suddenly intrigued by the idea of betting on the National Basketball Association? While Lebron James…

July 15, 2024 12:32 pm
  • Blog

NBA Playoff: How to Navigate the Lines During the Postseason

NBA Playoff: How to Navigate the Lines During the Postseason The playoffs are the most exciting time of year for…

July 15, 2024 12:16 pm