[ad_1]
Check out the companies making headlines before the bell. Nike — The stock slumped 6.2% after the iconic sneaker brand reported slowing growth in China in its fiscal 2024 third quarter, despite posting better-than-expected quarterly earnings and revenue, boosted by North American sales and price changes. Lululemon — Shares tumbled nearly 13% after the athletic apparel retailer posted holiday earnings on Thursday that beat expectations, but issued lower-than-expected guidance as the athleisure wear maker struggles with slower demand in North America. Reddit — The social media stock slipped more than 4%, giving back a fraction of the gains from the prior day’s IPO. Reddit soared more than 48% on Thursday after pricing its IPO at $34 per share. Best Buy — The electronics retailer added 2% after JPMorgan upgraded its investment opinion to overweight from neutral. The bank sees an improved outlook for Best Buy, in part due to computing trends kicking in for back to school. JPMorgan also hiked its price target by $12 to $101, suggesting 26% upside. FedEx — Shares jumped 12% premarket after the shipping company reported quarterly earnings of $3.86 per share on revenue of $21.7 billion. Analysts were expecting $3.45 per share on revenue of $22.04 billion, according to LSEG. Dutch Bros. — Shares lost 6% after an 8 million-share offering by selling shareholders of the drive-through coffee chain priced at $34 each Thursday through Morgan Stanley. LVMH — Shares dropped more than 3.5% on news that Antonio Belloni will step down from his management role as deputy to chief executive Bernard Arnault at the French luxury goods company. Belloni, who was the group managing director of LVMH and chairman of its executive committee, will become president of LVMH Italy after leaving his roles in April. — CNBC’s Jesse Pound, Tanaya Macheel and Michelle Fox Theobald contributed reporting.
[ad_2]
Source link
Batman138 Bro138 Dolar138 Gas138 Gudang138 Hoki99 Ligaciputra Panen77 Zeus138 Kilat77 Planet88 Gaspol168 Sikat88 Rupiah138 Garuda138 Gacor77 Roma77 Sensa138 Panen138 Slot138 Gaco88 Elanggame Candy99 Cair77 Max7 Best188 Space77 Sky77 Luxury777 Maxwin138 Bosswin168 Cocol88 Slot5000 Babe138 Luxury138 Jet77 Bonanza138 Bos88 Aquaslot Taktik88 Lord88 Indobet Slot69 Paus138 Tiktok88 Panengg Bingo4d Stars77 77dragon Warung168 Receh88 Online138 Tambang88 Asia77 Klik4d Bdslot88 Gajah138 Bigwin138 Markas138 Yuk69 Emas168 Key4d Harta138 Gopek178 Imbaslot Imbajp Deluna4d Luxury333 Pentaslot Luxury111 Cair77 Gboslot Pandora188 Olxtoto Slotvip Eslot Kuy138 Imbagacor Bimabet