Nike worth $6 billion more since Kaepernick deal

Hey, nice boycott you got going there.

From The Hill:

Nike added nearly $6 billion to its company’s market value since announcing its deal with former NFL player Colin Kaepernick, CBS News reported on Friday.

According to the publication, the company’s shares rose 36 percent on the year and the brand has also become a top performer on the Dow's index of 30 blue-chip stocks.

Share prices for the company also continued to perform at an all-time high weeks [after] the company’s stock initially fell more than 3 percent following the announcement of their endorsement deal with Kaepernick.

This despite (or because of?) Donald Trump’s harsh criticism of the company:

Just like the NFL, whose ratings have gone WAY DOWN, Nike is getting absolutely killed with anger and boycotts. I wonder if they had any idea that it would be this way? As far as the NFL is concerned, I just find it hard to watch, and always will, until they stand for the FLAG!

— Donald J. Trump (@realDonaldTrump) September 5, 2018

Absolutely killed! Please, Mr. Trump, drive a stake through my heart, too. I could use a little walking-around money.

Here’s an idea. How about, instead of imposing tariffs that 99+ percent of economists think are idiotic, we convert to an entirely Donald Trump-boycott-based economy? We’ll make America great again in no time! We won’t even need beautiful clean coal.

Thanks, Donald. You may have cost hundreds of people their life savings, but at least Nike shareholders are happy with you. So count this one as a win, I suppose.

Cheers

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Yo! Dear F*cking Lunatic: 101 Obscenely Rude Letters to Donald Trump by Aldous J. Pennyfarthing is now available at Amazon! Buy there (or at one of the other fine online retailers carrying it), or be square.