Nike Dropped From S&P 100 in Quarterly Rebalance Effective Sept 21
Question
Nike Dropped From S&P 100 in Quarterly Rebalance Effective Sept 21
Direct answer
S&P Dow Jones Indices announced the deletion of Nike from the S&P 100 index during its quarterly rebalancing schedule, taking effect on September 21. The removal reflects sustained underperformance, with the equity hitting 12-year lows following consecutive quarters of margin compression and revenue declines. The move prompts forced passive divestment and increases focus on Nike's remaining membership in the price-weighted Dow Jones Industrial Average. — bearish pressure on NKE.
- Original publisher
- Market Ontology
- Evidence through
- 2026-09-13
- Published
- 2026-10-20
- Revision
- 1 · 2026-10-20
Cite as: Market Ontology, “Nike Dropped From S&P 100 in Quarterly Rebalance Effective Sept 21”, revision 1, evidence through 2026-09-13. https://marketontology.com/catalysts/2026-09-13/nike-dropped-from-s-p-100-in-quarterly-rebalance-effective-sept-21-05d9bb
| Asset | Direction | Timeframe | Channel | Score |
|---|---|---|---|---|
| NKE | ▼Bear | 1–5 days | Catalyst Driven | 66 |
Nike Dropped From S&P 100 in Quarterly Rebalance Effective Sept 21
S&P Dow Jones Indices announced the deletion of Nike from the S&P 100 index during its quarterly rebalancing schedule, taking effect on September 21. The removal reflects sustained underperformance, with the equity hitting 12-year lows following consecutive quarters of margin compression and revenue declines. The move prompts forced passive divestment and increases focus on Nike's remaining membership in the price-weighted Dow Jones Industrial Average. — bearish pressure on NKE.
S&P Dow Jones Indices announced the deletion of Nike from the S&P 100 index during its quarterly rebalancing schedule, taking effect on September 21. The removal reflects sustained underperformance, with the equity hitting 12-year lows following consecutive quarters of margin compression and revenue declines. The move prompts forced passive divestment and increases focus on Nike's remaining membership in the price-weighted Dow Jones Industrial Average.
- SummaryS&P Dow Jones Indices announced the deletion of Nike from the S&P 100 index during its quarterly rebalancing schedule, taking effect on September 21. The removal reflects sustained underperformance, with the equity hitting 12-year lows following consecutive quarters of margin compression and revenue declines. The move prompts forced passive divestment and increases focus on Nike's remaining membership in the price-weighted Dow Jones Industrial Average.
- NKEDirect directional or hedged short
Illustrative, not advice
- Crowded positioning may already reflect the move
- Counter-catalyst could neutralize the thesis before window closes
- NKE closes above pre-catalyst level on rising volume
- Catalyst narrative is officially walked back or contradicted
- Cross-asset confirmation (rates / FX / vol) reverses direction
- NKE price vs. pre-event level
- NKE volume vs. 20-day average
What happened next
Price follow-up pending — no stored daily closes for these assets yet.
Closing prices from stored daily bars; returns measured from the last close on or before the event date. Not a recommendation.
No verifiable public source recorded for this card.
Related catalysts
- 2026-10-15Nike Restructures Operations as Shares Remain 80% Below All-Time HighNKE
- 2026-10-15Nike Executes Restructuring as Stock Trades Down 80% From All-Time HighNKE
- 2026-10-05Nike fiscal Q1 revenue falls 4% with Greater China down 26% and payout ratio at 85.7%NKE+4.09%
- 2026-10-05Nike Reports 4% Fiscal Q1 Revenue Drop and 26% Contraction in Greater ChinaNKE+4.09%
- 2026-10-05Nike Reports Fiscal Q1 Revenue Down 4% With Greater China Sales Dropping 26%NKE+4.09%
- 2026-10-05Nike Reports 4% Q1 Revenue Drop With China Down 26% and Payout Ratio at 85.7%NKE+4.09%
- 2026-10-05Nike Reports Fiscal Q1 Revenue Down 4% With Greater China Sales Dropping 26%NKE+4.09%
- 2026-10-05Nike Reports Fiscal Q1 2027 Revenue Decline of 4% With 26% China ContractionNKE+4.09%
See today's live cards
Public pages are published 24 hours after the product shows them. Desk shows every catalyst, event and causal reading as it happens, mapped to your holdings.