There was good reason for Nike's stock to drop. It's no secret that the company has had disappointing financial results, driven by weakening consumer demand, and increasing competition. It's not doing well in China which is a major growing market. I don't think we need social media chatter to see that - just research the sticker on any reputable news site like, including right here.
But I do think investors have a right to know if there is an organized attempt to manipulate $NKE's stock price to drive it down.
Very interesting, but I'm curious about some of these findings... did the bots initiate the negative posts about #Nike? Or did they merely amplify existing posts? Was this an organized attempt to hurt Nike's stock? And if so, who was behind it?
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There was good reason for Nike's stock to drop. It's no secret that the company has had disappointing financial results, driven by weakening consumer demand, and increasing competition. It's not doing well in China which is a major growing market. I don't think we need social media chatter to see that - just research the sticker on any reputable news site like, including right here.
But I do think investors have a right to know if there is an organized attempt to manipulate $NKE's stock price to drive it down.
Correlation Between Social Media Chatter And Nike's Stock Plunge
Very interesting, but I'm curious about some of these findings... did the bots initiate the negative posts about #Nike? Or did they merely amplify existing posts? Was this an organized attempt to hurt Nike's stock? And if so, who was behind it?
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