Ted Cruz takes victory lap as iconic American brand's stock plunges to 12-year low

Sen. Ted Cruz, R-Texas, is again dunking on a popular sports brand as the company’s stock price hits a 12-year low.

Cruz joined in on social media criticism of Nike, the Swoosh-emblazoned brand whose stock price has been on a steady decline for years.

The lawmaker responded to conservative social media influencer Douglass Mackey’s list of reasons why Nike’s stock was suffering in a callback to his own boycott of the brand several years ago.

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