@foxnews: JUST BLEW IT: Nike has erased nearly $200 billion in market value as the iconic American brand’s stock sinks to a 12-year low. The Swoosh-emblazoned brand has been on a yearslong slide, with shares plunging nearly 80% from Nike’s 2021 all-time high of $177.51. The staggering decline is fueling fresh criticism of the company and its past controversies, including Nike’s 2019 decision to pull a planned Betsy Ross flag sneaker after Colin Kaepernick raised concerns over the design. Sen. Ted Cruz is now taking aim at the brand, pointing back to his own Nike boycott and declaring: “#GoWokeGoBroke.”

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Region: US
Wednesday 19 August 2026 21:59:08 GMT
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shatteredpiecesbro
ShatteredPiecesBroken :
Nike!! coming to a Walmart near you real soon 🤣
2026-08-19 23:48:44
0
timothywilliams3874
Tim :
Go woke go broke I believe is the common phrase 🤣🤣🤣🤣🤣🤣🤣
2026-08-19 23:01:00
3
factsoverfeelings698
factsoverfeelings :
Go woke go broke
2026-08-19 23:16:31
4
j_millionaire11
Jesse :
I knew it ✔️
2026-08-19 23:46:47
0
dogsworld206
Doggy funn :
Donald Trump is more than just a political leader—he represents strength, courage, and the determination to put America and its people first. He never backs down from a challenge, never stops fighting for what he believes is right, and continues to inspire millions of Americans who believe in a stronger, safer, and more prosperous America. 🇺🇸 Strong leadership. America First. Never Back Down. 🇺🇸
2026-08-19 22:29:18
11
ryanfleming927
Farmer Fleming 🤠 :
Womp womp
2026-08-19 23:08:45
2
ryanmattew1
Ryan :
I am single and search
2026-08-19 22:35:08
5
eride.pro.gng.on
Eridzz@ :
thats alot
2026-08-19 22:27:05
5
chrisreiss8
chrisreiss8 :
Adidas is better anyway I guess
2026-08-19 22:04:22
21
jonm9979
JonM9979 :
Discounted shoes 🇺🇸🙌
2026-08-19 22:42:09
6
jbibler68
Bibs :
Should have listened to Michael Jordan. "Republicans buy shoes too".
2026-08-19 22:41:44
7
nobodyknowsmynickname
josh :
Early
2026-08-19 22:01:51
8
jaxou41
jaxou41 :
Hey
2026-08-19 22:46:13
5
vetwife21
Vetwife21 :
Good
2026-08-19 22:33:46
5
tradewithowenmoshey
Owen Moshey :
Interesting how quickly a brand’s story can change when the market loses confidence. One thing many traders miss is that price declines are usually a combination of fundamentals, sentiment, and institutional positioning — not just one headline. The real lesson is understanding cycles, risk management, and waiting for confirmation instead of reacting emotionally. Markets often reveal problems before the crowd notices. The question is, are investors analyzing the business, or just following the narrative?
2026-08-19 22:02:25
12
chandlerbrazell
chandlerbrazell :
1st
2026-08-19 22:00:16
10
kaigotbanned40
Kai :
js helping small creators
2026-08-19 22:01:51
9
callmedaddybryan
callmedaddybryan :
What’s is the main thing you are trying to hear from people
2026-08-19 23:36:15
1
ryanmattew1
Ryan :
Omg
2026-08-19 22:35:05
6
bklyniri
Iris Native New Yorker :
this happened in 2019 and then in 2021 Nike hit its highest share price Ever of $177 so I don’t know it must’ve taken them seven years to think about the Betsy Ross flag when they were buying Nike shoes. I think it’s more of a competition thing where Nike hasn’t kept up with its competition or it’s competition just outpace them. I really don’t think it’s about the Betsy Ross flag from 2019 especially since they hit their highest stock price in 2021. What do you think out there? Do you think Fox News is just crazy and the worst thing ever to happen to America? That’s what I believe.
2026-08-19 22:17:49
8
craig.page70
Craig Page :
All good 👍
2026-08-19 22:41:00
3
kyle_smith1120
kyle_berlin1120 :
Well Adidas is better anyway I guess
2026-08-19 22:40:54
4
jamilmarkum
DowJonesing :
yet they offer a 41 cent dividend! Great bargain considering stock price will bounce back. Fits my criteria for the portfolio
2026-08-19 23:32:36
1
wood4801
Wood :
last pair fell apart in one year
2026-08-19 23:05:34
2
shortcake_68
ShortCake :
What goes up always, comes down.
2026-08-19 23:12:26
2
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