Lolagogogo
07-03

$Nike(NKE)$ Young people are still buying Nike, they still see it as a trendy brand. On, Hoka are coming up strong but these are expensive and honestly you hardly see any youngsters wearing them. If you watch popular videos on social media, a lot of influencers/ celebrities are still wearing Nike. Outside of the stocks trading world, consumers don't care & don't know about the share price of Nike. Sneakerheads still own & trade a lot of Nikes. Nike is still a moat and fans will continue to buy it. They're still making gd revenue but they really do need to innovate and change their management. This is just a blip in the big scheme of things. 

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Comments

  • BillionaireN
    07-03
    BillionaireN
    Nike nfts seem to be gaining traction too? https://www.theblock.co/amp/post/261478/nike-rtfkts-crypto-universe-nears-1-4-billion-in-nft-trading-as-sneakerheads-swoon
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