As Zion Williamson Falls, So Does Nike Stock
By: IndiNews 
March 23, 2019

Feruary 21, 2018

It was the tear heard around the world.

Duke University superstar Zion Williamson, presumably the first overall pick in the upcoming draft, broke through his Nike PG 2.5 shoe while facing off in the Blue Devils' biggest game of the year against the rival North Carolina Tar Heels.

The mishap sent Nike Inc NKE 0.98% shares down as much as 2 percent Thursday. Williamson is expected to sign one of the biggest rookie shoe contracts in some time and plays for Duke, a Nike school, leading many to believe he will sign with the brand ahead of his first NBA season.


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