Nike hits all-time high after Kaepernick ad backlash

School principal faces backlash after condemning Nike Kaepernick campaign on private Facebook page

"I complained that they hurt my feet when I stand for the national anthem".

Sorbo is far from the only person to take issue with Nike's new ad campaign featuring Kaepernick's face with the words "Believe in something".

On Thursday, Nike's stock closed at $83.47, which Darren Rovell of ESPN reported was the highest it's closed in the history of the company.

Nike had previously faced a noticeable dip in its stock price in the immediate aftermath of its Kaepernick announcement, dropping almost 3 percent in the next day of trading at the New York Stock Exchange.

The Harris Poll revealed that only 25 percent thought of the NFL's response as positive, 26 percent found the media should be portrayed in a good look regarding its coverage, 30 percent felt good about how President Donald Trump handled things and 42 percent favored Nike's handling of the situation.

"Just like the National Football League, whose ratings have gone WAY DOWN", he tweeted on September 5, "Nike is getting absolutely killed with anger and boycotts". He then asked, "What was Nike thinking?" some 48 hours later.

In a memo sent last Wednesday, the mayor of Kenner wrote to Chad Pitfield, the director of the city's recreation department, instructing him to not buy any Nike products. He eventually rescinded the order.

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Svezia said the campaign increased core customers' loyalty to Nike. "I think I would have", said Strahan (he retired in 2007).

James signed a lifetime contract with Nike a few years ago. The company's sales online jumped 31% after it was released, according to one analysis by digital research firm Edison Trends.

But many marketers have described the ads as a savvy bet on higher sales from millennials and non-white consumers, an idea that has been supported by some data since the Kaepernick spots were unveiled. "Nike shares slipped as much as 3.9 percent to $79 as of 9:31 a.m. Tuesday in NY - the biggest intraday slide in five months".

The University's president said campus shops sell between $10,000 and $20,000 worth of Nike gear a year, including clothing that has the University logo together with the Nike logo.

According to data from Edison Trends, online sales of Nike products jumped 31 percent between the Sunday before and the Tuesday after Labor Day, almost double last year's 17 percent increase over the same time period.

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