finance.yahoo.com

Nike to Leave the S&P 100 as Stock Decline Continues

Nike logoNike
Sig2.90Sen-6.70Env0.00Soc0.00Gov0.00
lululemon athletica logolululemon athletica
Sig2.60Sen-4.60Env0.00Soc0.00Gov0.00

Nike is set to be removed from the S&P 100 before the Sept. 21 open, ending about 18 years in the index, following a prolonged decline that has erased more than three-quarters of its stock-market value since its 2021 peak. The move underscores broader pressure on athletic-wear brands, alongside weakness reported by Lululemon.

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