Nike’s stock collapse raises new questions about its Dow position
Nike’s stock faces another challenge in addition to the sportswear giant’s ongoing turnaround.
The company is preparing to leave the S&P 100 after an 18-year run. Now, its falling share price has investors looking more closely at Nike’s position in the Dow Jones Industrial Average.
Nike (NKE) is set to be removed from the S&P 100,
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