NewsNational News

Actions

LeBron James gloats over bullish run for Nike stock

Posted at 10:30 AM, Sep 14, 2018
and last updated 2018-09-14 08:06:56-04

The expected crash in Nike stock after the controversial “Just Do It” advertisements with Colin Kaepernick haven’t materialized.

In fact, business has been booming.

According to a study by USA Today Sports, online sales for the mammoth shoe and apparel company has increased by 31 percent. The company’s stock also closed at a record high on Thursday.

All of this new left Nike endorser LeBron James to take to Twitter in excitement about the news.

Whether this trend will continue remains undetermined. But James and other who are heavily involved with the family are excited about the early news.