The Slow-Motion Memecoin: Why Nike’s Multi-Year Unwind Is Taking So Long to Fix
Nike Inc.’s (NYSE:NKE) stock-market round trip has begun to resemble a memecoin crash in slow motion. It had a pandemic-era surge, a peak near $180, and then a grinding collapse below $40 as investors discovered the company’s growth story had been flattered by a strategy harder to unwind than to…
Benzinga ·