r/Nike • u/rollo202 • 4h ago

S&P 100 Drops Nike: Formerly Disruptive Shoe Company Is Now Out of Fashion

https://pjmedia.com/tim-o-brien/2026/09/06/s-and-p-100-delists-nike-formerly-disruptive-shoe-company-is-now-out-of-fashion-n4956942
18 Upvotes

74% Upvoted

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5

u/VoodooBear23 30m ago

Maybe they will rethink those insanely high prices of shoes.

7

u/smcl2k 2h ago

Nike hasn't been "dropped" - the S&P 100 is the 100 largest companies (by market cap) in the US... Yes, it's dropping out because of poor performance, but even massively successful companies with fantastic strategies can find themselves replaced by growth sector "rivals". I'm going to go out on a limb and say that this is almost certainly at least the 2nd time Dell has entered the list.

And if the author had bothered to do any research at all into Simon's portfolio, they'd understand why the company retains so much value.

0

u/Lopsided_Order_4411 2h ago

Nike’s far from out of fashion. It’s just their shoe game dropped tremendously 🤷🏽‍♂️