THIS IS THE SAME THING DISNEY DID TO STAR WARS:
Nike has lost nearly 80% of its market cap over the last 5 years. When the stock was near its peak, Ethan Strauss wrote the definitive take on how the company was fumbling the bag.
They were a brand defined by Michael Jordan’s competitiveness and machismo, and with a heavily… https://t.co/AVFGtT5FST pic.twitter.com/A2SMgwmJuM
— Daniel Friedman (@DanFriedman81) August 17, 2026