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Nike Stock Shares Drop Following Zion Williamson Shoe Incident

The Big Lead logo The Big Lead 2/21/2019 Jason Lisk

Video by CNBC

Zion Williamson blew through his shoe last night and sustained a knee injury. Darren Rovell was on it, as you knew he would be, to give us the important details.

That Nike Adapt shoes story? It's a smaller story, but I'm sure you've been keeping up. Puma was the first to jump in on Nike in the immediate aftermath of the shoe drama. They soon deleted the tweet. But there's no doubt that the sole of a shoe blowing out for the #1 player in the country was a prominent product failure. The early word from Coach Mike Krzyzewski is that the injury is a mild knee sprain, which is great news. For those bots inclined to think only in terms of market shares, it also means less of a PR nightmare for Nike than if he had blown out his knee and been out for a lengthy period of time. Now, they can create a special Zion shoe to handle his freakish ability and market it to people who cannot leap out of the building like he can.

Video by ACC Digital Network

Meanwhile, Zion National Park is doing just fine despite the rough winter pounding away on the country.


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