Nike Stock in Free Fall After Historic $200B Wipeout

NEW YORK, Sept. 11, 2026 (STL.News) Nike Inc., one of the world’s most recognizable consumer brands and, for decades, the dominant name in athletic footwear, is facing one of the most dramatic collapses in market value in the company’s history. Nike shares (NYSE: NKE) have fallen more than 40% in 2026 and nearly 80% from their record high in November 2021, erasing more than $200 billion in market value and pushing the athletic-wear giant toward price levels investors have not seen in roughly 12 years. The decline has become so severe that Nike is being removed from the

Source: Read Original Article