BNB$757.01-0.11%BRENT$96.28+0.80%BTC$79,843+0.03%COPPER$6.6+0.30%DJI$53,414-0.51%DOGE$0.0909-0.29%DXY99.16-0.02%ETH$2,495-0.43%GOLD$4,433-0.92%NDX$29,544+0.21%SILVER$65.99-1.45%SOL$105.01-0.45%SPX$7,719-0.38%US10Y4.78+0.46%VIX14.53+1.47%BNB$757.01-0.11%BRENT$96.28+0.80%BTC$79,843+0.03%COPPER$6.6+0.30%DJI$53,414-0.51%DOGE$0.0909-0.29%DXY99.16-0.02%ETH$2,495-0.43%GOLD$4,433-0.92%NDX$29,544+0.21%SILVER$65.99-1.45%SOL$105.01-0.45%SPX$7,719-0.38%US10Y4.78+0.46%VIX14.53+1.47%
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Nike Exits S&P 100 Following 75% Stock Decline

Key takeaways

  • Nike's removal from the S&P 100 reflects a significant market shift, as a 75% drop in stock value results in a $230 billion loss in market capitalization.

Analysis

Nike's removal from the S&P 100 reflects a significant market shift, as a 75% drop in stock value results in a $230 billion loss in market capitalization.

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