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NIKE (NKE)’s Dow Seat Hangs in the Balance as Share Price Slumps

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NIKE, Inc. (NYSE:NKE)’s falling share price is putting its place in the Dow Jones Industrial Average at risk. Reuters reported that Nike’s stock was around $36, giving it just a 0.4% weighting in the price-weighted Dow, the smallest among its 30 components. Nike has gained only about 5% since joining the Dow in 2013, while […]