Nike to lose S&P 100 place as stock sinks to 12-year low: what’s ailing NKE?
10 Articles
10 Articles
Nike Booted from S&P 100 After Stock Plunges Nearly 80% from Peak
Nike, the sportswear giant that spent years alienating conservatives by embracing Colin Kaepernick and injecting far-left politics into its brand, has been booted from the S&P 100 after suffering a spectacular collapse in market value.
Nike retraces its path from a small start in the trunk to a multi-billion-dollar sports brand and an icon of the sports industry, before facing major pressures when its stock price fell nearly 50% in a year and was taken off the S&P 100 index amid an increasingly tech-digital-AI-focused investment world... Read the original news: Nike from boot to global sports brand before dropping S&P100
Sportswear giant Nike will be delisted from the S&P 100 on September 21st, after nearly 18 years. The company, whose market value has fallen to $57 billion, will remain in the S&P 500, and its shares will continue to be traded on the New York Stock Exchange.
US sportswear giant Nike will be delisted from the S&P 100 index on September 21, 2026, following a decline in its stock market value. The company's market capitalization has eroded by approximately $207 billion since the end of 2021.
Nike, a leading global sports company, was removed from the blue-chip index S&P (Standard & Poor's) 100, which symbolizes the United States, after 18 years.
Nike will be removed from the S&P 100 as of September 21, 2026, according to a decision announced by S&P Dow Jones Indices. However, the American group does not disappear from the S&P 500. This change comes in the context of the quarterly rebalancing of the American indices, intended to maintain their representativeness according to the market capitalization. [...] The Nike article comes out of the S&P 100: the sport giant pays the price for sev…
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