Nike and Simon Property to Exit S&P 100 Index

Corporate Action

โดย WWD·

Summary · why it matters

Nike and Simon Property Group will be removed from the S&P 100 Index on September 21, following a quarterly rebalancing. Nike, which joined the index in December 2008, has seen its stock decline 78 percent, shrinking its market capitalization below the index's typical range. Simon Property, the largest U.S. mall operator, is also leaving after a year of leadership changes and store closures. Additionally, Capri Holdings, owner of Michael Kors and Jimmy Choo, will move from the S&P MidCap 400 to the S&P SmallCap 600 Index on the same date.