Go Woke, Go Broke: Once-Classic Brand in Shambles as Consumers Ditch It and Its Wokeness, Causing Major Stock Sell Off

Nike’s swoosh has long been one of the most recognizable symbols in American sports, but investors are now looking at a historic stock collapse. Shares sank to their lowest closing price since 2014 on Monday after a yearslong decline erased roughly $200 billion in market value. The crash has given fresh ammunition to critics who [...]