- Joined
- Dec 22, 2011
- Messages
- 58,998
The funny thing about dismissing Nike share price and overall stock collapse is I’m pretty sure when it recovered last yr yall were on here talking about it and how that was proof Nike recovered with their new direction and was back on top. Now that it has colllapsed and has shown no signs of recovering anytime soon, it’s irrelevant…
Also let’s not act like people are so dumb they don’t understand stock splits and how market cap is important lmao…
Dopey, as per usual.
Is it a good indicator of market confidence about what the new CEO is doing to turn things around? Sure.
Does it mean that Nike can quickly reverse the decline they've experienced in China? No.
Is it important TO THE MIAMI APPAREL CONTRACT? **** no.