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Possible Ban of Nike Super Shoes Boosts Share Prices of Its Japanese Rivals

A potential ban of Nike super shoes is frustrating athletes. However, the ban of super shoes as they are called is already causing stock prices of Japanese rivals to rise. Shares of Japanese footwear maker Asics Corp. rose by about 8% on Thursday. Prices then settled to an average of about 4.7 %. This occurred after sources said that World of Athletics was considering banning Nikes Vaporfly shoes. The shares of Mizuno Corp. which is another competitor rose as high as 1.6%.Nike’s Vaporfly Next...

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