Nike Stock Down After Announcement Of Kaepernick Campaign | The Daily Caller

Nike Stock Down After Announcement Of Kaepernick Campaign | The Daily Caller:

Nike stock was down 2.75 percent Tuesday morning after the company announced former NFL quarterback Colin Kaepernick as the new face of its “Just Do It” campaign.
The slogan for the campaign is, “Believe in something, even if it means sacrificing everything.”
The promotion of the former athlete, who protested racial injustice by kneeling during the national anthem, has led to major backlash against the sports company. A boycott was started and people began posting videos of themselves burning their Nike gear.