These Stocks Are Moving the Most Today: Micron, Peloton, Workday, Nike, CarMax, and More

Stock futures edged lower Thursday as oil prices surged and the yield on the 10-year Treasury remained near levels last seen in 2007.Micron Technology reported a fiscal fourth-quarter adjusted loss that was narrower than analysts’ expectations but revenue of $4.01 billion fell sharply from $6.64 billion a year earlier. The chip maker forecast a wider-than-estimated first-quarter loss of $1 to $1.14 a share. The stock declined 5% in premarket trading.

Peloton Interactive surged 14% after signing a five-year deal with Lululemon Athletica , which will stop selling its Studio Mirror exercise screen. Peloton will become Lululemon’s exclusive provider of digital fitness content, while Lululemon will become Peloton’s primary apparel partner. Workday was down 8.8% after the cloud-software company at an investor presentation lowered its target for annual subscription revenue growth to a rate of between 17% and 19% over the next three years from 20%-plus.

Jefferies Financial reported fiscal third-quarter of 22 cents a share on revenue of $1.18 billion, down from $1.51 billion a year earlier.joseph.woelfel@barrons.com

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves after hours: Micron, Peloton, Jefferies and moreThese are the stocks posting the largest moves in extended trading.
Source: NBCLA - 🏆 319. / 59 Read more »

Peloton stock climbs on Lululemon deal, Workday shares slide on targets, and more stocks on the movePeloton International, Workday and Micron Technology were in the spotlight.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks higher, Senate shutdown progress, Costco, Microsoft, MicronStocks higher, Senate shutdown progress, Costco, Microsoft, Micron
Source: startelegram - 🏆 248. / 63 Read more »

Amazon and JPMorgan stocks fall, Rivian and DraftKings shares rally, and other stocks on the moveAmazon's stock falls after ecommerce giant is sued for its monopolistic practices, Rivian shares rally after a bullish Baird note.
Source: MarketWatch - 🏆 3. / 97 Read more »

Micron earnings on deck, with focus on China ban, AI boost to DRAM salesA rebound in DRAM pricing, linked to AI demand, could partly offset the impact of China’s retaliatory ban on Micron chip sales.
Source: startelegram - 🏆 248. / 63 Read more »