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Sep 5, 2026

Nike removed from S&P 100 after 75% stock decline

Nike will be removed from the S&P 100 index effective September 21, following a 75% stock decline that wiped out $230 billion in market value. Four technology companies will take its place.

Sep 5, 2026·2 sources
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Top claims

  • ▪The mechanical selling pressure from index funds rebalancing ahead of the September 21, 2026 effective date is expected to impact Nike's stock price
  • ▪The replacement of consumer brands with technology companies in the S&P 100 index reflects a market shift toward digital infrastructure, cloud hardware, and cybersecurity
  • ▪S&P Dow Jones Indices announced that Nike will be removed from the S&P 100 index, with the change taking effect before the market open on September 21, 2026

Topics

Stock market indicesMarket capitalizationS&P 500