09/08/2026
Even a GIANT in the athleisure industry can lose its spot at the table.
This news took me by surprise if I'm being totally honest. There's a distinction about what this means. The S&P 100 removing Nike just means that people aren't buying up much Nike stock anymore. They are still considered at the table for the S&P 500 though, probably with their tail tucked a little bit lol. They said Nike is NOT meeting the standard that the S&P 100 has established.
What could they possibly do to make their comeback? What celebrity do you think they're going to collab with, to try to drive up the value? 👀
Anyway. Carry on 😂 I just wanted to pop on here and see if anyone had any thoughts on this.