![CNBC Now on X: "Nike shares drop to session low after attorney Michael Avenatti tweets that he will hold a press conference tomorrow about an alleged "high school/college basketball scandal perpetrated by CNBC Now on X: "Nike shares drop to session low after attorney Michael Avenatti tweets that he will hold a press conference tomorrow about an alleged "high school/college basketball scandal perpetrated by](https://pbs.twimg.com/media/D2hNiTqWwAEDwSr.jpg)
CNBC Now on X: "Nike shares drop to session low after attorney Michael Avenatti tweets that he will hold a press conference tomorrow about an alleged "high school/college basketball scandal perpetrated by
![US Attorney SDNY on X: "#MichaelAvenatti charged with engaging in a scheme to extort Nike https://t.co/zxS6vSyavu" / X US Attorney SDNY on X: "#MichaelAvenatti charged with engaging in a scheme to extort Nike https://t.co/zxS6vSyavu" / X](https://pbs.twimg.com/media/D2hlvkUX4AAZRI-.jpg)
US Attorney SDNY on X: "#MichaelAvenatti charged with engaging in a scheme to extort Nike https://t.co/zxS6vSyavu" / X
![Explaining the collectible shoe scandal that brought down top Nike executive Ann Hebert - oregonlive.com Explaining the collectible shoe scandal that brought down top Nike executive Ann Hebert - oregonlive.com](https://www.gulflive.com/resizer/rG5qdXbxlG_qx2jZ1EnKl0mLMz8=/arc-anglerfish-arc2-prod-advancelocal/public/E5OOSLN63RG6NIIMKJZXCWIBUE.jpg)