Nike Stock Takes a Hit After Duke Star Player Zion Williamson's Shoe Splits on the Court

Shares were down roughly 1 percent this morning

Nike shares are down today following last night’s matchup between Duke and UNC. Just seconds into the game, Duke star player and NBA prospect Zion Williamson suffered a knee injury after his Nike PG 2.5 shoe split on the court. As of this morning, the brand’s stock is down about one percent, equating to roughly $1.12 billion in losses for the brand. Nike stock was down as much as two percent in premarket.