Story perspectives

Nike Removed From S&P 100 After Q4 Revenue Drop

By Drooid · Sep 21, 2026, 6:11 PM UTC · How we work

Summary

Story summary

Nike Inc. was removed from the S&P 100 index before trading opened on September 21, 2026.
Nike’s shares traded at USD 35.51 on the NYSE and EUR 30.94 on the German exchange on September 21, 2026.
Q4 2026 revenue fell 4 % to USD 11.0 billion, while EPS of USD 0.20 beat the USD 0.12 forecast by USD 0.08.
French footballer Kylian Mbappé ended his 18-year Nike partnership to join Swiss brand On.

History

Historical Context

At the height of the dot-com bubble, Cisco Systems topped the world’s market-value list with roughly $500 billion in 2000, but the crash erased about 80 % of that value by 2002, prompting the Dow Jones to drop Cisco from the S&P 100 in March 2000 after its shares slid 22 %. The episode shows how rapid tech-sector overvaluation and subsequent correction can reshape major index compositions.

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Story summary

Nike Inc. was removed from the S&P 100 index before trading opened on September 21, 2026.
Nike’s shares traded at USD 35.51 on the NYSE and EUR 30.94 on the German exchange on September 21, 2026.
Q4 2026 revenue fell 4 % to USD 11.0 billion, while EPS of USD 0.20 beat the USD 0.12 forecast by USD 0.08.
French footballer Kylian Mbappé ended his 18-year Nike partnership to join Swiss brand On.

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