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Shares fall, S&P 100 ejection and Mbappe out","url":"https://stock-news.laohu8.com/highlight/detail?id=2672971939","media":"cityam","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672971939?lang=en_us&edition=fundamental","pubTime":"2026-10-02 18:39","pubTimestamp":1790937584,"startTime":"0","endTime":"0","summary":"Nike shares continued to fall this week, and are down 76 per cent on 2021 high Nike shares continued to fall this week after the sportswear giant warned of a decline in revenue over the coming year.The American firm, fresh off the back of news that it would be ejected from the S&P 100, adjusted its share price amid a mixed first fiscal quarter.Its statement comes alongside layoff warnings and a restructuring plan. Net income was down two per cent compared to last year – $712m from $727m – and revenue dropped four per cent to $11.2bn, spearheaded by regression in China, a market which saw a comparative decline of 26 per cent.“Despite that progress, our Nike performance business is not yet large enough to offset the pressure we’re seeing in Nike Sportswear, Jordan Brand, and Greater China,” chief Elliott Hill told analysts. “We’re taking deliberate actions to strengthen those businesses, but realising the full benefit of those efforts will take time.”It comes after Nike, Adidas and other","market":"us","thumbnail":"https://www.cityam.com/wp-content/uploads/2026/10/GettyImages-2268802716-e1790937297880.jpg?w=400&h=225&crop=1","type":0,"news_type":0,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/10/GettyImages-2268802716-e1790937297880.jpg?w=400&h=225&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/nike-shares-fall-sp-100-ejection-and-mbappe-out/","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.cityam.com/nike-shares-fall-sp-100-ejection-and-mbappe-out/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"cityam_highlight","symbols":["LU0128525929.USD","LU1267930227.SGD","LU0823411888.USD","BK4146","BK4566","LU1267930813.SGD","LU0792757196.USD","LU1303367103.USD","IE00BYQQ9H92.USD","LU0029864427.USD","BK4561","BK4533","BK4585","BK4534","BK4558","NKE","BK4581","LU0310800379.SGD","LU0786609619.USD","LU0128525689.USD","LU0889566641.SGD","IE00BFXG0V08.USD","BK4588","LU1267930573.SGD","LU2098885051.SGD","STYL","LU0310800965.SGD","LU0052756011.USD","LU0708994859.HKD"],"isVideo":false,"video":null,"gpt_icon":0}],"pageSize":20,"totalPage":221,"pageCount":19,"totalSize":4406,"code":"91000000","status":"200"}]}}