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Nike loses its spot in the S&P 100 after an 18-year streak as shares crater nearly 80% from their peak

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Core Development: Nike loses its spot in the S&P 100 after an 18-year streak as shares crater nearly 80% from their peak
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Nike used to be a trendsetter. Today, it's praying for a turnaround.​

This once unquestioned "blue-chip" sportswear brand has steadily become one of the market's biggest losers. Since hitting its peak of about $179 per share in 2021, Nike's shares fell nearly 80% to a fresh 52-week low of $36.85 this year. Translated into market cap, that's a loss of over $200 billion.​

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Official Publisher Attribution: This report is aggregated from Yahoo Finance. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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