Nike is officially losing its place among America’s largest blue-chip companies. S&P Dow Jones Indices announced that Nike will be removed from the S&P 100, effective before the market opens on September 21, 2026, as part of the index’s quarterly rebalance. The move marks the end of Nike’s reported 18-year run in the S&P 100 and represents another major setback for one of the most recognizable brands in the world. Nike’s stock has experienced a dramatic decline from its 2021 highs. Shares recently closed at $38.40, with the company’s market…
Read MoreNike Removed From S&P 100 After 18 Years as Stock Suffers Massive Decline
