🍭 “What Gen Z Wants (Candy & Cash App)” — The Zillennial Report. Nike’s too-much-Nike problem. Facebook’s death spiral.
We just got the report on what brands Gen Z likes… and the shocker is how it’s the opposite of Millennials (can we still say Zillennials? TBD). Nike shares dropped 10% Friday because it’s got too many Nike shoes — so we’re preparing for a Christmas of discounts. And guess which company is #499 in the S&P 500 this year? It’s Meta. Because Facebook is facing the Death Spiral, but we may have a solution.
$NKE $META $SQ
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