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16h ago
Nike Will Never Be the Same
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Reports of Nike's death are greatly exaggerated. Although, things are admittedly not looking great for the Swoosh. Nike shares are nearly 80 percent down from their all-time high in late 2021 and have declined over 50 percent since CEO Elliott Hill's tenure began in October 2024. As a result, the sportswear giant is about to be removed from the S&P 100, an index of the top 100 American stocks. (Nike will remain in the S&P 500 and similar indices.) Not ideal. But also not a reas
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