Ted Cruz Highlights Nike Stock Plunge Amid Brand Boycott
Senator Ted Cruz, R-Texas, has once again voiced criticism of Nike, drawing attention to the athletic apparel giant’s stock performance, which has recently fallen to a 12-year low. Cruz shared his perspective on social media, aligning himself with conservative commentators who have pointed to various factors contributing to the company’s financial downturn.
Cruz’s Long-Standing Grievances with Nike
The Texas senator’s latest commentary came in response to a post by conservative social media influencer Douglass Mackey, who outlined reasons for Nike’s struggling stock. Cruz used the opportunity to recall his own decision to boycott the brand several years prior, stemming from Nike’s withdrawal of a Betsy Ross-themed shoe. He characterized the situation as “sad & predictable,” emphasizing that the company’s decision to discontinue the shoe was the catalyst for his personal boycott.
Cruz recounted his history as a loyal Nike customer, stating, “For my whole life, I wore nearly 100% Nike for athletic wear.” He explained that while Colin Kaepernick’s protests initially “pissed me off,” the cancellation of the Betsy Ross shoe revealed what he perceived as a marketing strategy rooted in “America-hate.” This led him to cease purchasing Nike products, opting instead for new athletic gear from other brands.
“Turns out I wasn’t the only one,” Cruz remarked, echoing