Getty/Pablo Cuadra
- Nike sank 3% Tuesday following the release of its newest "Just Do It" ad starring former NFL quarterback Colin Kaepernick.
- The ad prompted swift reaction on Twitter, from both supporters and those who say Kaepernick's protests during the national anthem are disrespectful.
- On Robinhood, investors were piling into the stock at a rate of three times more than usual.
- Watch Nike trade in real time here.
News that Nike had chosen Colin Kaepernick, the polarizing leader of NFL protests during the national anthem, as the 30th anniversary face of its "Just Do It" advertising campaign sent shares down more than 3% on Tuesday.
But while many investors were shedding the stock, traders on Robinhood were doing the exact opposite, the no-fee brokerage told Business Insider.
See the rest of the story at Business Insider
NOW WATCH: How a black cop infiltrated the KKK — the true story behind Spike Lee's 'BlacKkKlansman'
See Also:
- A look inside the marriage of the richest couple in history, Jeff and MacKenzie Bezos — who met at work, were engaged in 3 months, and own more land than almost anyone else in America
- A day in the life of the richest person in the world, Jeff Bezos — who runs the second US company to join the $1 trillion club and still washes the dishes after dinner
- The Air Force's 'rods from god' could hit with the force of a nuclear weapon — with no fallout
SEE ALSO: Nike slides after tapping Colin Kaepernick as the new face of its 'Just Do It' ads
from Business Insider https://ift.tt/2Q5Vi39
No comments:
Post a Comment