Nike to exit S&P 100 index following massive market value decline

Nike S&P 100 stock market decline market capitalization retail industry

Nike will be removed from the S&P 100 index on September 21, 2026, after 18 years of inclusion. The decision follows a massive decline in the company's market value, which has dropped approximately 80% from its November 2021 peak. The company's market capitalization has fallen from roughly $281 billion to approximately $57 billion.

Financial reports indicate that Nike's total revenue for fiscal year 2026 stood at $46.4 billion, a slight decrease, while net profit reached $3.11 billion. The company faces significant challenges in the Chinese market, where sales fell by 17% in the fourth quarter of 2026. Additionally, Nike is facing increased competition from brands such as Anta, Li-Ning, On, and Hoka.

To maintain its presence in the broader S&P 500 and Dow Jones Industrial Average, Nike is attempting a turnaround under CEO Elliott Hill, focusing on core sports categories and repairing relationships with wholesale partners. Palo Alto Networks is set to replace Nike in the S&P 100.

Entities

China · Dell Technologies · Elliott Hill · Nike · Palo Alto Networks · S&P 100 · S&P Dow Jones Indices

Claims

What the coverage asserts, and how many sources carry each claim.

[● 2 SOURCES] Palo Alto Networks will replace Nike in the S&P 100. fashionbiznes.pl · www.novinky.cz
[○ 1 SOURCE] Nike's market capitalization fell from $281 billion in November 2021 to approximately $57 billion in September 2026. www.economiematin.fr
[● 5 SOURCES] Nike's stock has fallen nearly 80% from its peak in November 2021. fashionbiznes.pl · sakanowa.jp · www.amren.com · www.economiematin.fr · www.presse-citron.net
[○ 1 SOURCE] Nike's global market share in the sports footwear market fell to 22.9% in 2025. sakanowa.jp
[○ 1 SOURCE] Net profit for fiscal year 2026 reached $3.11 billion. kryptomagazin.cz
[● 5 SOURCES] Nike will be removed from the S&P 100 index on September 21, 2026. fashionbiznes.pl · sakanowa.jp · www.economiematin.fr · www.novinky.cz · www.presse-citron.net
[● 3 SOURCES] Total revenue for fiscal year 2026 was $46.4 billion. kryptomagazin.cz · www.economiematin.fr · www.presse-citron.net
[● 2 SOURCES] Sales in China fell by 17% in the fourth quarter of 2026. www.economiematin.fr · www.presse-citron.net