Nike Removed From S&P 100 After 75% Stock Drop Wipes $230 Billion in Market Value
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7 Articles
JUST IN: Woke Nike to Be Removed From S&P 100 After Hitting 12-Year Low Stock Price * The Gateway Pundit * by Jordan Conradson
Nike is set to be removed from the S&P 100, a subset of the S&P 500 that tracks 100 major blue-chip companies across multiple industry groups, later this month. This comes after the company lost nearly 80% of its value since 2021.
The S&P Dow Jones Index announced on September 5th that Nike would be removed from the S&P 100 index, effective September 21st.
Nike Stock Closes at $38.40 as S&P 100 Exit Adds a New Test
NEW YORK | September 5, 2026 | 4:30 p.m. EDT — NIKE, Inc. (NYSE:NKE) closed Friday at $38.40, its weakest finish in roughly 12 years. Hours later, an index review delivered another blow: the company will leave the S&P 100. S&P Dow Jones Indices said Nike will leave the blue-chip benchmark before trading opens September…
Nike removed from S&P 100 after 75% stock drop wipes $230 billion in market value
Nike's removal from the S&P 100 highlights a market shift towards tech and digital infrastructure, impacting investor strategies and fund allocations.
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