Nike exits the S&P 100 after 18 years and a $200 billion market-cap wipeout
Reported by Fortune · fortune.com ·
The sportswear giant will be replaced by a tech company on Sept. 21, capping a five-year, nearly 80% stock slide driven by China weakness.
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What to watch: This report cites a concrete figure (80%) — compare it against the trailing trend before treating one data point as a turning point.
Latest session change: $NKE -0.91%
Tone and severity are deterministic keyword classification — not a prediction, a member vote, or a recommendation. Figures come from the published headline or preview. Session moves may include other news and do not establish cause.
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