Nike removed from S&P 100 after 75% stock drop wipes $230 billion in market value

Nike removed from S&P 100 after 75% stock drop wipes $230 billion in market value
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The sportswear giant's multi-year decline has landed it at a 12-year stock price low, prompting a quarterly rebalance that swaps legacy consumer brands for tech firms Nike, once one of the most domin… [+2544 chars]

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