Nike's stock dips after Avenatti tweets of 'scandal,' recovers after celebrity lawyer is arrested

Article Link: Nike’s stock dips after Avenatti tweets of ‘scandal,’ recovers after celebrity lawyer is arrested

Shares of Nike fell more than 1 percent on Monday following a tweet from California-based lawyer Michael Avenatti alleging Nike’s involvement in a “major high school/college basketball scandal.”

Source: CNN Investing