• News Desk

NIKE IS DOW’S WORST STOCK


Many gold medal winning athletes have worn Nike in their respective competitions. However, the company is not going to be winning any medals any time soon. The Dow’s worst stock, Nike is down 10% over the last 52 weeks and is now performing worse than even Goldman Sachs. Furthermore, Nike’s projected sales were way off the mark, worrying investors even more that the sporting goods behemoth is on a steep downward trend. However, Rio 2016 may be just the exposure that the “House of Swoosh” needs. With athletes throughout the game wearing Nike apparel, this low may soon be over for the company.

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#Nike #DowJones #Olympics #Rio2016 #BREAKINGNEWS

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