Nike to be removed from the S&P 100 on Sept. 21 after market value slide
AI Market Summary
S&P Dow Jones Indices will remove Nike from the S&P 100 at the Sept. 21 quarterly rebalance, reflecting its market-cap decline after a sharp year-to-date selloff. While Nike remains in the S&P 500, the demotion signals reduced blue-chip positioning and can drive incremental passive outflows and lower institutional visibility. The change also underscores ongoing operational pressure, including flat FY2026 revenue and continued weakness in China.
Impact level
● Medium
Affected assets
NCSKNKE2USD/USDT-0.89%
AI Insight · NCSKNKE2USD/USDTAI Insight
▼ Bearish
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S&P Dow Jones Indices said Nike (NKE) will be removed from the S&P 100 in the index’s Sept. 21 quarterly rebalancing, ending an 18-year run. Nike shares are down 39% this year, pushing its market capitalization below $57 billion and leaving it short of the blue-chip sub-index’s inclusion threshold. The company will remain in the S&P 500, while fiscal 2026 revenue was flat at $46.4 billion amid continued sales declines in China.
