Bye St. George! Nike stock dips 6% amidst England flag controversy

Despite what its namesake might indicate, Nike Inc. (NYSE: NKE) has suffered a string of significant defeats in the last few days leading to an abysmal extended session performance that saw NKE shares dip 6.47% in the night between March 21 and 22 to below $100. NKE stock 1-day and extended session price chart. Source: GoogleIn the U.K. the clothes manufacturer sparked controversy and even calls for a boycott over a nation-unifying change to the design of the Cross of St. George on the kit of England’s nati ...