S&P Dow Jones Indices announced Friday that Nike is being booted from the S&P 100 after nearly two decades, another sign of how America's most exclusive blue-chip benchmark is being reshaped by the artificial-intelligence spending boom. But that's not the entire story...
Perhaps what really happened with Nike is that it lost its way. Instead of focusing on basketball shoes and athletic leisure, it pursued the whole woke culture, which damaged the brand.
Injected itself into far-left politics.
And this ...
BREAKING: Nike is set to be removed from the S&P 100 after nearly 18 years.
— I Meme Therefore I Am 🇺🇸 (@ImMeme0) September 5, 2026
The stock is now down almost 80% from its 2021 peak, turning one of the market’s most iconic consumer brands into one of its biggest recent disappointments. pic.twitter.com/3uJNIxcg4j
Via Fox News...
Not surprising whatsoever who accelerated Nike's demise.
LMAO, look at the marketing & strategy office
