Nike is playing damage control after Duke basketball phenom Zion Williamson tore his sneaker in a game Wednesday evening. Nike’s (NKE) stock was down more than 1% on Thursday. Nike builds its ...

Nike called the sneaker malfunction that caused Duke freshman Zion Williamson to sprain his right knee an “isolated occurrence,” but also seems to realize that such incidents have the ...

Still, Nike is taking this seriously and issued a statement late on Wednesday that they will be investigating what happened to try and identify any issue with the PG 2.5 that caused this to happen.

Nike vows investigation after Duke star's shoe blows out 01:07. ... we've invented a new shoe to contain the force that is Zion Williamson." The incident isn't Nike's first with its basketball ...

Not long after Duke freshman Zion Williamson had his Nike shoe blow out on him during Wednesday night's ESPN game against North Carolina, Puma basketball's Twitter account tweeted at 9:27 p.m. ET ...

Nike is looking into what went wrong after college basketball’s biggest star sprained his knee when his shoe fell apart, one of the most high-profile apparel failures in basketball history.

Let’s first examine the immediate impact of Zion’s shoe explosion on Nike’s stock price. The figure below shows hourly stock prices for Nike, Adidas, and Under Armour on Feb. 20 and 21 ...

It’s got to be the shoes. Nike is “working to identify the issue” after Duke freshman Zion Williamson had his shoe burst apart mid-game Wednesday, forcing the star to leave the nationally ...

Zion Williamson is a living, breathing, walking brand. Everything he touches at this point turns into money — for both himself and corporations that connect themselves to him. Nike has been m… ...

Duke's Zion Williamson sits on the floor following an injury during the first half of an NCAA college basketball game against North Carolina, in Durham, N.C., Wednesday, Feb. 20, 2019.

Nike says it's investigating why Duke freshman Zion Williamson split a shoe open during a game against rival North Carolina. But the sportswear giant says it's an "isolated occurrence." The ...

Nike, Zion, Duke and many others have a lot of explaining to do." Editor's Picks. Feds: Avenatti tried to extort $20M from Nike. 6y Mark Schlabach. Duke 'looking into' claim Nike paid Zion's ...