Nike’s stock has dropped exactly 80.00% from its all-time high.

The stock reached its all-time closing high of $177.51 on November 5, 2021, but market struggles have driven the price down to a 12-year low of $35.51. This multi-year retreat has erased a decade of market gains and led to the company’s impending removal from the prestigious S&P 100 index. Why? Nike went woke. The

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