On September 5, S&P Dow Jones Indices removed Nike from the S&P 100 Index. This adjustment will officially take effect before the US stock market opens on September 21. This is also the first time in Nike's history that it has left the list of flagship indices in the market. Going back to the past five years, Nike's stock price has continued to decline since reaching a record high in 2021. As of the implementation of this index adjustment news, the stock price has fallen by a cumulative total of about 79% in five years since the all-time high, and the company's total market value has evaporated by more than 220 billion US dollars.
Zhitongcaijing · 2d ago
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On September 5, S&P Dow Jones Indices removed Nike from the S&P 100 Index. This adjustment will officially take effect before the US stock market opens on September 21. This is also the first time in Nike's history that it has left the list of flagship indices in the market. Going back to the past five years, Nike's stock price has continued to decline since reaching a record high in 2021. As of the implementation of this index adjustment news, the stock price has fallen by a cumulative total of about 79% in five years since the all-time high, and the company's total market value has evaporated by more than 220 billion US dollars.
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