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STRONG SELL · NKE

Strong Sell NKE by Apr 16, 2025.

B
Bicycle-Warmreddit
via r/wallstreetbets
· Published Apr 15, 2025 15:08 · Valid until Apr 16, 2025 · SUCCESS
Entry
$55.41
Final
$54.83 -1.0%
Target
Score
+0.10
If you are active on social media you know that China, in retaliation, started exposing the raw prices of consumer goods. They exposed that a 40,000 dollar Birkin only costs around 1,200 to make and that products like Nike and Lululemon costs 20$ to make. I think consumers will start to realize that they have been misled by companies. Thinking that their products were somehow specially crafted through science, but in reality was created by Chinese kids. I think this …
— ORIGINAL POST · Nike will most likely fall · r/wallstreetbets · Apr 15, 2025