Nike has had $1.1bn (£844m) knocked off its stock value as the fallout continues from what is being called one of the most expensive apparel failures in history. The company’s value tumbled by 1.7 per cent on Thursday as it was repeatedly blamed for a sprained knee to rising basketball star Zion Williamson, seen by millions live on TV. Sports lovers across the US watched in horror as the teenager was crocked when his Nike trainer tore apart mid-shot during a high profile college match. Read more on NewsOK.com