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Senator Ted Cruz takes a victory lap as Nike’s stock plunges to a 12-year low, down nearly 80% from its 2021 peak. Cruz reflects on how he abandoned the brand after their controversial decision to cancel the Betsy Ross flag shoe, a move influenced by Colin Kaepernick's protests. He expressed disappointment, stating that Nike's actions revealed a marketing strategy that disdains America. Cruz’s post captures his frustration: “For my whole life, I wore nearly 100% Nike... Turns out I wasn’t the only one. #GoWokeGoBroke.” The decline in Nike’s value has erased nearly $200 billion in market cap over the years. #Nike #Kaepernick #BetsyRoss #stockmarket #Branding #ColinKaepernick #BetsyRossFlag #NikeDecline #tonto #TedCruz #Woke #antiAmerican #chuckpointwalker https://www.foxnews.com/politics/ted-cruz-takes-victory-lap-iconic-american-brands-stock-hits-12-year-low

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