FinanceHacker Newsabout 2 hours ago
Nike Exits S&P 100 After $200B Market Cap Loss
1 min read
Nike will exit the S&P 100 index on September 21 after nearly 18 years, following a market capitalization decline of over $200 billion from its 2021 peak. The company's value has fallen 78% to roughly $57 billion. Nike reported a 2% revenue decline in fiscal 2026, with a 17% sales drop in Greater China, and warned of continued headwinds.
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