Tag: investing

Love your Nike sneakers? Why not own a stake in the company?

Butter x Stake

Fans of Michael Jordan’s Netfilix series, The Last Dance, listen up! Here is your opportunity to not only score a pair of iconic Air Jordans, but also a share in Nike thanks to a Stake and Butter partnership.  Stake is a homegrown digital US stock brokerage service and Butter is a Sydney-based hybrid sneaker bar, champagne bar and dabbles in delicious fried chicken.  “Your prized sneaker collection and the US stock market might seem like different worlds, but they’re more similar than you think,” says Stake CEO and co-founder, Matt Leibowitz. New data reveals Aussies are jumping on Nike shares with an upswing of 35% of Nike trades, valued at AU$1million since the controversial Jordan documentary aired. Stake trading data also reported the number of Aussie Nike traders has increased by 45% in the first half of 2020, compared to the second half of 2019. There are also more Gen Z and Y Nike investors than all older generations combined. Interested in finding out more? Join a virtual panel event on Tuesday, 21 July at 6.30pm to hear some of Australia’s leading trading experts and commentators discuss how the stock and sneaker markets are more similar than you think. The panel includes: Finder.com.au investments editor Kylie Purcell Equity Mates Investing podcast co-founder Bryce Lesky Stake CEO and co-founder and former US high frequency trader Matt Leibowitz Butter sneaker & stock trader Justin ‘KhameleonKickz’ Michael The panel will discuss how sneaker traders and stock traders think about their markets to invest for the future; how trends… Read More