Witness: An explosion in a basketball shoe caused (Nike) heavy losses



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Ramallah – National Home
After the shoe explosion of the player in the making, Xion Williamson, Nike's sports products shares have fallen dramatically.

Williamson basketball player was injured following a breakup of his shoe during a match attended by former US President Barack Obama.

The team should qualify for the NBA, while the player was injured 40 seconds after the start of clashes in North Carolina.

The player's shoes are torn on his foot, slipping and hitting his knee, allowing him to get out of the stadium and limp without completing the game, the site (Russia Today).

"It seems like Zion Williamson is a terrific young man, as well as a prominent basketball player, and I wish him a speedy recovery," Obama said in a tweet via his Twitter account.

Nike shares fell more than 1.35 percent on Thursday, the day of the crash, leaving the company losing about $ 1.46 billion of its market value.

"The quality and performance of our products are of paramount importance and, although it's an individual incident, we are trying to understand what happened." "said a spokesman for Nike.

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