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Nike shares drop after Duke star blows out his shoe

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Nike Inc. shares were down 2 percent in premarket trading after an incident yesterday in the Duke University-North Carolina college basketball game.

Duke University forward Zion Williamson's Nike shoe split, causing his knee to twist. He's said to be one of the best NBA prospects in the past decade.

Nike responded by saying it's "working to identify the issue" with the shoe in question.

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