Check out the companies making headlines in midday trading. Nike , Foot Locker — Shares of Nike plummeted 10% after the athletic apparel company slashed its revenue outlook and announced it would cut about $2 billion in costs over the next three years. On Thursday, Nike posted fiscal second-quarter...
Check out the companies making headlines before the bell. Sunnova — Shares of the residential and commercial solar company jumped 5.1% after Piper Sandler upgraded the solar name to overweight from neutral, saying Sunnova could benefit from the Federal Reserve's "pivot" towards rate cuts. The renewable energy sector is...
Check out the companies making headlines in midday trading. Scholastic — Shares tumbled about 12% after the publisher and distributor of children's books reported a 4% year-over-year decline in revenue for the fiscal second quarter, citing headwinds in the retail market. Quanex Building Products — The window and door...
Check out the companies making headlines in midday trading. Carrier Global — Shares jumped 4.6% after Carrier agreed to sell its Global Access Solutions Business for $4.95 million in cash to Honeywell . Honeywell's stock dipped 1% on the news. Synaptics — The computer touchpad maker rose more than...
Commuters arrive into the Oculus station and mall in Manhattan on November 17, 2022 in New York City.Spencer Platt | Getty ImagesThe labor market deteriorated for both Asian and Black workers in November, according to data released Friday by the Department of Labor.The overall unemployment rate declined 0.2% to...
Check out the companies making headlines in midday trading. Shopify — Shares fell 3% on the back of the company's investor day, which took place Tuesday. A lack of concrete long-term guidance left some analysts muted on the stock. The company's strong performance in 2023 — shares have more...
Check out the companies making headlines after the bell : Box — The cloud company plummeted 11% after reporting fiscal third-quarter adjusted earnings of 36 cents per share on revenue of $261.5 million. This was lower than FactSet's analyst expectations of 38 cents per share on $262.4 million of...
Check out the companies making headlines after the bell : Salesforce — The software giant added 7% after releasing third-quarter adjusted earnings of $2.11 per share, higher than the $2.06 per share analysts polled by LSEG were expecting. The firm's third-quarter revenue of $8.72 billion fell in line with...
Check out the companies making headlines before the bell. Toyota — The stock added 1.3% before the bell upon news that the automaker planned to reduce its holdings in automotive components manufacturer Denso to 20% from more than 24%. Toyota plans to redirect this capital to improve its efforts...
Check out the companies making headlines after the bell : Robinhood — Shares of the trading platform app slid more than 8%. Robinhood posted third-quarter revenue of $467 million, compared to analysts' estimate of $478 million, per LSEG. Toast – Shares dropped 17% in extended trading. Toast, a provider...