Various sources report Nike Corp. will be removed from the S&P 100, after spending 18 years there. The stock is down nearly 80% from its high in 2021.
Posting at Instapundit, Ed Driscoll identifies some the marketing blunders they've made in the last 5+ years. My guess is Nike felt confident enough to let their Oregon freak flag fly unfettered. Surprise, surprise, the nation wasn't where Nike was culturally.
I spent 3 academic years in OR in the late 1960s and it was weird then. Now? Much weirder, think of BLM-tolerant Portland and the ICE riots.
I can easily imagine OR and WA seceding to join with BC, becoming the People's Republic of Snowflake.
