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Nike Tumbles After Michael Avenatti Warns Of "Major College Basketball Scandal"

2019 03 25 9 43 41

As March Madness hits its stride, former Stormy Daniels’ lawyer Michael Avenatti has found another outlet for his unique legal capabilities. In a tweet, Avenatti warned:

Tmrw at 11 am ET, we will be holding a press conference to disclose a major high school/college basketball scandal perpetrated by @Nike that we have uncovered. This criminal conduct reaches the highest levels of Nike and involves some of the biggest names in college basketball.”

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The reaction was instant with NKE shares falling to their lowest since early February…

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This news comes after Nike shares have been sliding recently following weak domestic orders.

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Source: zerohedge.com

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