Nike exits S&P 100 after nearly 18-year run
Nike will drop out of the S&P 100 before trading opens Sept. 21, ending a nearly 18-year run in the index as the company's stock trades near a 12-year low.
TL;DR
- Nike will be removed from the S&P 100 index.
- The removal will take effect before trading on September 21st.
- Nike had been part of the index for nearly 18 years.
- The company's stock is trading near a 12-year low.