S&P 100.

Nike’s S&P 100 exit fuels speculation over possible Dow removal

Nike faces renewed risk of being dropped from the Dow Jones Industrial Average as it exits the S&P 100, with its price-weighted weight at about 0.4% and a share price near $36 making it the smallest Dow component and underperforming the market; analysts say removal odds are rising amid weak sales, slowing innovation, and fierce competition, though the Dow has no fixed removal rule and historically the lowest-weighted stock is often targeted.