Trends / material Feb 16, 2026 · 5 min read
The $305 Question: Is Nike's Alphafly 3 Proof They Can Still Innovate?
Nike's stock lost $184B as critics called them innovation-dead. But the Alphafly 3 tells a different story. Does the swoosh still have it?
-$184B Nike market cap loss since 2021 peak
By Footwear Intel Research 