Nike Stays in S&P 500 Despite S&P 100 Exit

Nike has circulated an internal memo to executives clarifying that its removal from the S&P 100 index does not impact its S&P 500 membership or core operations, aiming to dispel confusion amid a 40% stock decline and ongoing market share challenges in China.
According to a memo reviewed by Bloomberg via GN stocks/sp500, Nike’s investor relations team explicitly assured staff that the S&P 100 exclusion does not alter the company's S&P 500 status, business strategy, or public listing.
Source: GN stocks/sp500Nike executives received clarification that the company remains in the S&P 500 despite its impending removal from the S&P 100 index.
Source: GN stocks/sp500






