Nike shares fall after Colin Kaepernick ad launch

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Most known for kneeling during the American national anthem in protest at police brutality before being blacklisted from the NFL, Colin Kaepernick has become an ambassador for Nike.

The brand decided to harness the power of dissent by signing him for their 'just do it' 30th anniversary.

The response was seen on social media with #justburnit trending on Twitter and a share price decrease on the US stock markets.

The President who criticised the footballer in 2017 called the decision 'terrible' however he told the Daily Caller that Nike was one of his many tenants and respected the freedom to choose.

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Do some research on his childhood and where he grew up. He was never the receiver of social injustice.

markscheinfeld

I will never buy another Nike product again

Radioman

No one in my family ever gonna buy nike.

ashishbhatt

every nike shoe i bot has torn up quickly very bad and cheap material

slskeeter

It might help Colin and Nike if the cause he wants to draw attention to was an actual real problem. Nobody buys his whole"racial inequality" nor his blaming for losing his job on others when it was his poor performance and failure to take a pay cut that put him on the streets.Stop the lie !

captinbeyond

Where can i get some Nike knee pads. Go Woke Go Broke.

aidanbrennan

considering how much money black people have spent on nikes, I suppose it the least they can do.I always prefered Adidas anyway.

umojah

Awesome. They can wear their Kaepernick t shirt one day, and their Che Guevara shirt the next day.

sthcalguy

Well they deserved it! They use sweatshops to create they're clothes apparently they don't have good morals if they need to use sweatshops to create clothing.

robertjazz

Nike’s marketing department must have been smoking some really strong dope while designing this ad.

morriswilburn

Jesus Complex much? Oh wait, Colin boycotts Christmas but steals Jesus identity. 😂

realhouseguest

It all stared with a waffle iron and ended with kneeling. Glad I sold my shares last year. At a profit I might add.

uptightnonchalant

How could they fall, since the rest of the world, not only the US buy Nike, every country does and every country is either unaware of the issues surrounding this contraversy or just don't care what others have said to try and bring Nike down. Ver the weekend I even seen at major sports stores, people still buying Nike and won't leave that brand, their loyal to that shoes brand.

susanbeckett