Nike Stock Gains 2% To Erase Losses Tied To Colin Kaepernick Ad

Ex-NFL player tears into Nike Kaepernick ad ‘like 9/11 and Pearl Harbor

Purchasing Consideration Also Down: Before the announcement, 49 percent of Americans said they were absolutely certain or very likely to buy Nike products.

Nike on Tuesday recovered the stock losses it experienced immediately after announcing its decision to feature the polarizing National Football League free agent as shares rose about half a percentage point to close at $82.63.

Nike sales appear to have increased in the wake of its controversial advertising campaign, using Colin Kaepernick as the face of the brand.

College of the Ozarks plans to remove all athletic uniforms purchased from Nike or that contain the Nike emblem. Though Kaepernick originally meant to sit down while the national anthem played before an NFL game, it was a military veteran who advised him to kneel, saying it was more effective.

Hetal Pandya, co-founder of Edison Trends added that Nike focused on younger generations and expanding its market, and "this ad did that for them".

"He's inked a contract with Nike", Morris said of Kaepernick.

11Alive spoke Monday with the university president, Dr. Emir Caner. But he said that before he would do so, he would have a conversation with his father about his choice and that he feels he would have organized the protest and spoken to each of the players and his team's owners.

"America has sacrificially given my family the freedoms we enjoy today", Caner said.

When a school or store decides to discontinue a certain product, it then has to figure out what to do with all the old stuff.

Truett McConnell University (TMU) in Cleveland announced Friday that it will stop carrying Nike products in its campus store, and donate the proceeds from any remaining products to Wounded Warriors, a veterans charity, and the Fraternal Order of Police. "My wife, who was raised under the oppression of socialistic communism, became a citizen five years ago, joyfully pledging allegiance to these United States and her flag".

The decision-makers in Beaverton know what they're doing. "We understand that. We understand how marketing works".



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