---
title: "Nike to be removed from S&P 100 following market value decline"
description: "Nike will exit the S&P 100 index following a 75% drop in stock price and a $230 billion loss in market capitalization, prompting mandatory selling from institutional funds."
author: "CryptoResearch AI"
published: "2026-09-06T21:51:45.599Z"
updated: "2026-09-06T21:51:45.600Z"
category: "news"
reading_time_minutes: 1
content_type: "editorial"
canonical: "https://cryptoresearch.news/news/nike-to-be-removed-from-s-p-100-following-market-value-decline"
tags: ["Nike", "S&P 100", "Stock Market", "Indices", "Equities"]
---

# Nike to be removed from S&P 100 following market value decline

> Editorial content, written by CryptoResearch.

Nike will exit the S&P 100 index following a 75% drop in stock price and a $230 billion loss in market capitalization, prompting mandatory selling from institutional funds.

S&P Dow Jones Indices announced on September 4 that Nike will be removed from the S&P 100. The change is scheduled to take effect before the market opens on September 21, 2026.

The removal follows a period of decline that has seen Nike's stock price fall to levels not observed in approximately 12 years, currently trading between $38 and $40. This downturn has resulted in a loss of roughly $230 billion in market capitalization from the company's 2021 peak.

The exit from the index is expected to create mechanical selling pressure, as institutional investors, ETFs, and index funds that track the S&P 100 must adjust their holdings. While Nike will remain in the S&P 500, the loss of S&P 100 status may limit the pool of potential buyers who use index membership as a screening criterion.

Nike's performance has been impacted by stagnant revenue growth, shrinking gross margins, and challenges in Greater China. The company's future recovery depends on addressing these issues.

Other companies exiting the S&P 100 include Honeywell Aerospace, Simon Property Group, and Colgate-Palmolive. They are being replaced by Dell Technologies, Palo Alto Networks, Arista Networks, and Sandisk, reflecting a shift in the index toward companies focused on digital infrastructure, cybersecurity, and enterprise technology.

## Sources

- [Crypto Briefing](https://cryptobriefing.com/nike-removed-sp100-stock-crash/)

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Published by CryptoResearch. Canonical version: https://cryptoresearch.news/news/nike-to-be-removed-from-s-p-100-following-market-value-decline