Stocks making the biggest moves after hours: Nike, Broadcom, HD Supply and more

. CEO Mark Parker credited the earnings beat to product innovation and stronger e-commerce business.

The footwear giant posted earnings of 86 cents per share and revenue of $10.66 billion, far exceeding the 70 cents per share increase on revenue of $10.44 billion Wall Street had expected, according to Refinitiv consensus estimates.shares dipped 3.5% after the company announced a new offering of $3 billion Series A mandatory preferred stock to the public, to be converted intro common stock in late September of 2022.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Nike shares hit all-time high as new products drive sales, earnings top expectationsNike on Tuesday reported quarterly earnings and sales that topped analysts' expectations, as investments it's made to sell more directly to customers showed signs of paying off.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Momentum stocks are out of favor this month, but one technical analyst sees a comebackMomentum stocks are taking a breather this month, but Oppenheimer's Ari Wald sees the trade coming back into favor.
La source: CNBC - 🏆 12. / 72 Lire la suite »

UBS: These 10 'crowded' stocks are especially vulnerable to a sharp sell-offA UBS note included Visa, Google-parent Alphabet, and Comcast among the most 'overweight' stocks in active funds around the world.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »