The Aporia
Mushnick, P. (2026, September 26). Adding up sports’ swings and misses — including Nike’s plummeting stock. New York Post. https://nypost.com/2026/09/26/sports/adding-up-sports-swings-and-misses-including-nikes-plummeting-stock/
Mushnick, Phil. “Adding up sports’ swings and misses — including Nike’s plummeting stock.” New York Post, 26 Sept. 2026, https://nypost.com/2026/09/26/sports/adding-up-sports-swings-and-misses-including-nikes-plummeting-stock/.
Mushnick, Phil. “Adding up sports’ swings and misses — including Nike’s plummeting stock.” New York Post, September 26, 2026. https://nypost.com/2026/09/26/sports/adding-up-sports-swings-and-misses-including-nikes-plummeting-stock/.
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Nike's stock has been experiencing a significant decline recently. The company's influence in sports and its partnership with high-profile athletes around the world have not shielded it from this downturn. Phil Mushnick points out that historically, no business outside of illegal activities like drug dealing, gambling, or prostitution has seen continuous growth without facing setbacks. Nike’s aggressive marketing tactics, including promoting expensive sneakers made by underpaid workers in developing countries, coupled with its support for certain social activists, have led to a loss of public goodwill. This shift has resulted in the company's once unassailable position being compromised, highlighting the volatile nature of business success.