Nike Stock on Pace for Worst Year Since Jordan’s ‘93 Retirement
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When Michael Jordan quit pro basketball at just 30 years old, his exit created a headache for Nike Inc., the maker and massive beneficiary of his iconic line of sneakers.
Nike is currently facing significant challenges, as its stock is on track for its worst annual performance since 1993, the year Jordan retired.
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“When Michael Jordan quit pro basketball at just 30 years old, his exit created a headache for Nike Inc., the maker and massive beneficiary of his iconic line of sneakers.”
Bloomberg — Nike Stock on Pace for Worst Year Since Jordan’s ‘93 Retirement