Live Feeds
● LIVE Updated 3h ago · 17 sources tracked

Nike Exits the S&P 100 Index. 4 Tech Stocks Move In

Nike will leave the S&P 100 index on September 21 following a valuation drop to its weakest level in 12 years. The company saw its stock fall 78.5% from a 2021 peak, driven by direct-to-consumer errors and a slump in China. Colgate-Palmolive will also be removed. Four AI-focused technology stocks will replace these holdings, signaling a shift in mega-cap benchmarks toward the tech sector. Nike is currently attempting to rebuild its wholesale distribution network to stabilize its market position.

RSS Source map (17)

What changed

Recent reports suggest Nike's recent earnings beat may be masking deeper internal issues.

Live updates

  1. Nike Exits S&P 100 After 18 Years as AI Tech Stocks Enter

    Nike will leave the S&P 100 index on September 21 following a valuation drop to its weakest level in 12 years. The company saw its stock fall 78.5% from a 2021 peak, driven by direct-to-consumer errors and a slump in China. Colgate-Palmolive will also be removed. Four AI-focused technology stocks will replace these holdings, signaling a shift in mega-cap benchmarks toward the tech sector. Nike is currently attempting to rebuild its wholesale distribution network to stabilize its market position.

    Why it matters

    The S&P 100 tracks the largest companies in the U.S., and membership changes often reflect broader economic shifts. Nike's removal follows a period of severe devaluation. The addition of AI stocks highlights the dominant role of artificial intelligence in current market valuations.

    What is confirmed

    • Nike will exit the S&P 100 index on September 21 after 18 years.
    • Nike stock fell 78.5% from a 2021 peak.
    • Colgate-Palmolive is being removed from the S&P 100 index.
    • Four AI-focused technology stocks will replace the departing holdings.

    Still unconfirmed

    • Nike lost 80% of its value.

    What to watch next

    • Official announcement of the four specific AI stocks replacing Nike and Colgate-Palmolive
    • Nike's progress in rebuilding its wholesale distribution network
    • September 21 index rebalancing execution
    Sources used for this update (6)
    1. economictimes.indiatimes.com — Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Dow Jones falls 300 points as oil price crosess $100
    2. www.briefs.co — Ledger folds IT and security under one leader as AI turbocharges crypto hacks
    3. jen.jiji.com — Game, set, glamour: The standout looks at the US Open
    4. 247wallst.com — Nike Gets Booted From S&P 100 After Losing 80% of Its Value
    5. www.briefs.co — Nasdaq puts $100 million into Kraken parent to push tokenized stocks by 2027
    6. www.briefs.co — Bond Yields Climb as Crude Clears $100, Inflation Takes a Back Seat
    confidence 90%

  2. Nike and Colgate-Palmolive Exit S&P 100 Index as Tech Gains Ground

    Nike will leave the S&P 100 index on September 21 after 18 years, following a valuation drop to its weakest level in 12 years. The athletic wear company saw its stock fall 78.5% from a 2021 peak due to a slump in China and direct-to-consumer errors. Colgate-Palmolive is also being removed from the index. Four AI-focused technology stocks will replace the departing holdings, reflecting a broader shift in mega-cap benchmarks toward the tech sector. Nike is currently attempting to rebuild its wholesale distribution network.

    Why it matters

    S&P 100 removals force index funds to sell shares, often creating downward price pressure. Nike's decline erases $230 billion in value and signals a loss of market leadership. The shift toward AI-focused names indicates a structural change in how the largest US companies are weighted.

    What is confirmed

    • Nike will exit the S&P 100 index on September 21 after 18 years.
    • Nike stock has dropped 78.5% from its 2021 peak.
    • Nike's stock decline is driven by struggles in the China market.
    • Four technology stocks are entering the index to replace departing companies.

    Still unconfirmed

    • Retail traders describe Nike as a sinking ship due to stale products and an uncertain turnaround under CEO Elliott Hill.
    • Colgate-Palmolive stock is under pressure following its confirmed removal from the S&P 100.

    What to watch next

    • Market reaction to the official index reshuffle on September 21
    • Progress of CEO Elliott Hill's turnaround strategy
    • Further valuation shifts in consumer staple stocks relative to AI tech
    Sources used for this update (6)
    1. www.ibtimes.com.au — Nike's stock faces significant decline due to China market struggles and removal from S&P 100 index.
    2. www.ad-hoc-news.de — Colgate-Palmolive stock falls as S&P 100 reshuffle drops the consumer staple
    3. newsable.asianetnews.com — Nike Stock Slips Premarket: Retail Calls Nike A 'Sinking Ship' After S&P 100 Exclusion
    4. en.sedaily.com — Nike's Fall: From Cultural Icon to S&P 100 Exit
    5. en.sedaily.com — Nike's Fall Shows No Leader Stays on Top Without Innovation
    6. finance.yahoo.com — Nike to exit S&P 100 index after hitting weakest valuation in 12 years
    confidence 90%

  3. Nike Exits the S&P 100 Index After 18 Years

    Nike will leave the S&P 100 index on September 21 after spending 18 years in the benchmark. The athletic footwear giant is exiting following an extended market value decline that includes a 78 percent stock crash erasing $230 billion in value. Shares are currently trading near 52-week lows at $38.39, holding a consensus Hold rating with a $52.94 price target. Four technology stocks are moving into the index to replace departing holdings as index funds are forced to sell. The sportswear company is currently reversing course to rebuild wholesale distribution.

    Why it matters

    The departure marks a major retreat for a blue-chip company that once dominated consumer retail. Nike leaned heavily into direct-to-consumer and digital sales, which strained key wholesale relationships and allowed competitors to capture market share. Sliding sales in China further exacerbated the prolonged downturn. The index reshuffling also highlights a broader shift inside the S&P 100 fund toward artificial intelligence infrastructure plays.

    What is confirmed

    • Nike will leave the S&P 100 index on September 21 after 18 years.
    • Nike stock trades near 52-week lows at $38.39 with a Hold rating and $52.94 price target.
    • Four technology stocks are moving into the S&P 100 index to replace departing companies.

    Still unconfirmed

    • The S&P 100 exit may mark a total market capitulation for Nike stock after a 78 percent drop.

    What to watch next

    • The official index removal date of September 21
    • Future quarterly earnings reports to gauge the success of rebuilt wholesale distribution and product innovation
    • Further portfolio adjustments by the iShares S&P 100 ETF
    Sources used for this update (11)
    1. finance.yahoo.com — Nike Exits the S&P 100 Index. 4 Tech Stocks Move In
    2. Forbes — Nike Stock Fell 78% And S&P 100 Exit May Mark Capitulation
    3. Hypebeast — Nike To Leave the S&P 100 on September 21
    4. The Times of India — Why Nike stock has fallen and what it means for fashion
    5. Seeking Alpha — Nike: Just Not Doing It (NKE)
    6. blockonomi.com — Nike (NKE) Stock Exits S&P 100 Index After Nearly Two Decades
    7. 247wallst.com — The S&P 100 ETF Just Dumped Nike and Colgate for 4 AI Stocks. Here’s What That Means for Your Portfolio
    8. coincentral.com — Nike (NKE) Stock Booted From S&P 100 After 18 Years. What Now?
    9. www.outlookbusiness.com — Nike To Be 'Deleted' From S&P 100: How The Giant Shoe Brand Is Losing Ground
    10. blockonomi.com — Novo Nordisk A/S (NVO) Stock: Drops as Semaglutide Helps 40% of Children Exit Obesity Classification
    11. startupfortune.com — Nike Drops Out of the S&P 100 After Losing $230 Billion in Value
    confidence 95%