https://www.live-feeds.com/feed/nike-just-got-kicked-out-of-an-elite-clubContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/nike-just-got-kicked-out-of-an-elite-clubhttps://www.live-feeds.com/feed/nike-just-got-kicked-out-of-an-elite-club#u61938Tue, 08 Sep 2026 22:40:14 +0000The S&P 100 index is removing Nike stock as the company attempts a business turnaround. This exit follows a severe decline in valuation, with Nike stock falling 78% and hitting a 12-year low. The removal from this elite group of large-cap companies signals a significant loss of market standing for the sportswear giant. Investors are now weighing whether the current price floor represents a buying opportunity or a sign of further decline.Why it mattersThe S&P 100 tracks the largest companies in the U.S. equity market. Removal from this index can affect institutional investment and stock