Advertisement

Nike's controversial bet on Kaepernick has millennial investors piling into the stock (NKE)

Nike's bet on controversial Colin Kaepernick ad has paid off, at least among millennial investors, according to data from Robinhood
Advertisement
  • A total of 15,191 investors added Nike to their portfolios on Robinhood this week, up 45% from last week.
  • President Donald Trump tweeted Wednesday criticizing Nike's polarizing ad.
  • The company is trying to reach a younger demographic, an analyst said.
  • Watch Nike trade in real-time here.
Advertisement

"Nike is getting absolutely killed with anger and boycotts," Trump tweeted. "

some short-term pain for long-term gain.

Now read:

  • The 16 cities where Americans struggle the most to pay rent
Advertisement
Latest Videos
Advertisement