👟 Nike’s $1.3B Volume Surge Amid Supreme Court Tariff Drama ⚖đŸ‡ș🇾

Nike’s stock lit up the charts with $1.3 billion in trading volume, jumping to 83rd place among U.S. equities 📈. The surge came as the U.S. Supreme Court reviews the legality of Trump-era tariffs — a move that could reshape costs for import-heavy giants like Nike.

If the court strikes down the tariffs, Nike could reclaim millions in duty refunds 💰 and see a major boost in profit margins, especially given its heavy manufacturing footprint in Vietnam, China, and Indonesia 🌏.

But it’s not all smooth running — despite the recent pop, Nike’s shares are still down ~16% this year, squeezed by rising costs, competition, and slowing demand đŸ„¶đŸ“‰.

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