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JUST BLEW IT: Nike has erased nearly $200 billion in market value as the iconic American brand’s stock sinks to a 12-year low.
The Swoosh-emblazoned brand has
BWB News TV • 2026-08-19 22:17 UTC • By Billy Odell Tucker-Robinson
JUST BLEW IT: Nike has erased nearly $200 billion in market value as the iconic American brand’s stock sinks to a 12-year low.
The Swoosh-emblazoned brand has been on a yearslong slide, with shares plunging nearly 80% from Nike’s 2021 all-time high of $177.51.
The staggering decline is fueling fre…
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