Nike stock was down just over 3 percent on Tuesday, at $79.60 a share, but it's too early to tell how it will ultimately fare. Nike did not immediately return ABC News' request for comment.

When Wieden brought the “Just Do It” slogan to Nike, he didn’t reveal his inspiration for it. If he had, we’d bet Nike’s $47.81 billion that they would have never green-lit it.

Introduction NIKE (NYSE: NKE) (NEOE: NKE:CA), one of the most iconic & recognizable brands in the world and known for their slogan Just Do It, has faced their fair share of headwinds, particularly ...

Thesis: Nike offers a good value based on its own fundamentals and Peer Valuations Just Do It. Buy Nike. Do it. NIKE, Inc. (NYSE: NKE), one of the most iconic brands in the world, has been through ...