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Nike Air Max's market share on StockX soared 800% since 2016


Nike Air Max s market share on StockX soared 800% since 2016
Reggie Wade
© Provided by Yahoo! Finance
The authenticating room for sneakers is viewed at Stock X on January 10, 2018 in Detroit, Michigan. This bag was sold for $1200 USD and the money will be refunded to the seller. StockX is a live auction site for resale of high-end sneakers, handbags, streetwear and watches. StockX experts authenticate items sold through their site. (Photo: JEFF KOWALSKY/AFP/Getty Images)
In 2016 StockX opened shop as “the world’s first stock market for things.” A place where folks could sell or bid on coveted items such as handbags, collectibles, and of course sneakers lots and lots of sneakers. As the company celebrates its fifth anniversary, sneakers are undoubtedly its biggest draw. StockX co-founder and COO Greg Schwartz and StockX senior economist Jesse Einhorn spoke to Yahoo Finance about just how much the marketplace and the secondary sneakers ind ....

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