{
  "id": 16682301,
  "title": "PayPal, Nike lead $4.96tn market losses since 2021",
  "url": "https://urgent.news/2026/10/27/paypal-nike-lead-4-96tn-market-losses-since-2021-16682301",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-27T00:36:59.000Z",
  "source": {
    "name": "Punch",
    "slug": "punch",
    "url": "https://punchng.com/paypal-nike-lead-4-96tn-market-losses-since-2021/"
  },
  "original_language": "en",
  "account": "A report by BestBrokers has revealed that 172 of the world's top 1,000 publicly listed companies experienced a combined loss of $4.96tn in market capitalisation between 2021 and 2026. Among the affected companies, PayPal suffered the steepest percentage decline, dropping by 85.41 per cent from a market value of $322.65bn to $47.08bn. Nike and Adobe followed, with market value declines of 80.37 per cent and 69.03 per cent, respectively. Comcast, a telecommunications and media group, also experienced a significant drop of 71.30 per cent in market value. French luxury goods group LVMH recorded a 47.75 per cent decline. The report attributes these dramatic declines to changing expectations about future growth, intensifying competition, and difficulties adapting to shifts in consumer behavior and technology. BestBrokers data researcher Stanislava Savisheva noted that while these companies have substantial operations and established brands, their valuations are now vulnerable due to shifting market expectations.",
  "summary": "PayPal, Nike, and Adobe are among 172 global firms that lost a combined $4.96tn in market value since 2021 due to slowing growth and competition. Read More: https://punchng.com/paypal-nike-lead-4-96tn-market-losses-since-2021/",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}