Nike is latest "get woke, go broke" story | Eastern NC Now

woke company sees it stock tank

ENCNow

Nike is one of those companies that has been at the forefront of "woke" and is now paying the price for that as its business craters.   This is a company that was so "woke" that they discontinued making shoes with the Betsy Ross 13 star US flag of the American Revolution when leftists complained, even though they kept producing shoes displaying the flag of the brutal tyrants of Red China.

Now it is destroying their business.  Nike has been kicked out of the S&P 100 after its stock dropped 78%.  As the saying goes "Get Woke, Go Broke".  It couldn't happen to a more deserving company.

https://www.forbes.com/sites/jimosman/2026/09/06/nike-stock-fell-78-and-sp-100-exit-may-mark-capitulation/

https://redstate.com/brandon_morse/2026/09/07/nikes-bombing-stock-is-a-long-term-get-woke-go-broke-story-n2206610


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