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Nike Dropped from S&P 100 Index After $200 Billion Value Loss
Nike has been removed from the prestigious S&P 100 index after 18 years, following a $200 billion market-cap wipeout as younger consumers lose interest in the brand.
8 Sept, 13:00 — 8 Sept, 18:35
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (51/100)3 sources25/33
Spectrum spread— 3/5 buckets covered17/33
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Yahoo
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fortune
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Geographic diversity— 2 regions9/34
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Sources
Showing 2 of 3 sources
fortune2h ago
Nike exits the S&P 100 after 18 years and a $200 billion market-cap wipeout
The sportswear giant will be replaced by a tech company on Sept. 21, capping a five-year, nearly 80% stock slide driven by China weakness.
By Joshua Hong
Read full article →YahooMostly Factual7h ago
Nike and This Retail Giant Will No Longer Be Part of This Prestigious S&P Index
Read full article →Coverage Timeline
First report: Yahoo · 8 Sept, 13:00|Full coverage: 3 · 6h|Window: 6h
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