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Nike’s falling share price puts its Dow seat in jeopardy
Analysts said Nike’s 80% market-value slump and 0.4% Dow weight make it a likely candidate for removal.
8 Articles
8 Articles
Could Nike (NKE) Stock Be Kicked Out of the Dow Before Year-End?
TLDR Nike is being removed from the S&P 100 on September 21 after an 80% slump in market value, now sitting at around $53 billion. At around $36, Nike is the lowest-priced and lowest-weighted stock in the Dow Jones Industrial Average, making up just 0.4% of the index. Goldman Sachs, the Dow’s...
Forbes, the world's most well-conceived business and economic magazine. The fall of shares accompanies a prolonged period of difficulties in the company The post Fall of the Price of the Actions of Nike Threat Position in Dow Jones appeared first in Forbes Brazil.
Coverage Details
Total News Sources8
Leaning Left0Leaning Right2Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
C 60%
R 40%
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