Nike stock is down nearly 2% today following reports that CEO Mark Parker was briefed by banned coach Alberto Salazar on doping efforts.
Nike Execs Aware of PED ExperimentsNike Inc (NYSE:NKE) has seen its share price drop today after a series of emails referenced in a report from the US Anti-Doping Agency indicate that the company’s CEO was aware of research into performance-enhancing drugs (PED) at the company’s Oregon Project. Parker was included on several emails from disgraced track coach Alberto Salazar and Dr. Jeffrey Brown, a Nike sponsored doctor, who have both been handed ...
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