Nike Falls Out Of The S&P 100. They Earned It.

After 18 years in the S&P 100, Nike is out. The company will be removed from the index of the largest, most stable U.S. mega-caps before the market opens on September 21. The company is still large. It is no longer stable. From its 2021 stock-price high, Nike has fallen about 78%. It lost close ...

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