Nike shares slip premarket ahead of S&P 100 exit
Nike (NKE) slid in premarket Tuesday as it is set to be removed from the S&P 100, ending an 18-year run in the index. Retail investors are questioning its turnaround.
Nike Inc. (NKE) shares slipped in premarket trading on Tuesday ahead of its removal from the S&P 100, ending an 18-year run in the index. The move underscores how Nike has struggled as retail investors question its turnaround while markets continue to favor AI-focused technology stocks. 7...