I think this is an insider ‘trap’ on the board, and set to bring the value of Nike down to a level where someone could walk in and buy the company for 75-percent of the present value. It may take six to twelve months, but I think you will see the Nike brand bought by someone in 2019, and the amount will surprise most because of the damage done to the brand.
In fact, I might even go out on the limb and suggest that some Chinese company will be the buyer in the end.
Funny you say this. I was thinking that generally these campaigns get a lot of eyeballs before they get the green light.
Knights not a stupid guy, by a long shot, and he’s losing market share. Super lib University of Washington dropped them this year, and others have been following suit.
Intentionally depressing shares? Sure seems plausible, but it does prompt the ‘why’ question.