@atomicpoet @maxheadroom Not to mention that the quality of their clothing and footwear has been in decline for years and it's catching up to them now.
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Joe Ortiz (joeo10@mastodon.sdf.org)'s status on Saturday, 29-Jun-2024 03:47:16 JST Joe Ortiz
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Chris Trottier (atomicpoet@atomicpoet.org)'s status on Saturday, 29-Jun-2024 03:47:17 JST Chris Trottier
@maxheadroom Disappointing quarterly results and big decline in revenue.
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Uckermark MacGyver :nonazi: (maxheadroom@hub.uckermark.social)'s status on Saturday, 29-Jun-2024 03:47:18 JST Uckermark MacGyver :nonazi:
@atomicpoet what happened?
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Chris Trottier (atomicpoet@atomicpoet.org)'s status on Saturday, 29-Jun-2024 03:47:19 JST Chris Trottier
I’ll be the first to say that one day’s performance doesn’t indicate the long term for a company.
But it is extremely hard to recover from a -20% drop in a single day.
Nike’s valuation just plummeted by $27B!
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