News Formal

Nike stock slumps after earnings, Carnival shares rise on upgrade and other stocks on the move.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Here are some of the biggest movers of Friday:

Carnival shares CCL gained 3% as Jefferies upgraded the cruise operator to buy from hold.Stock gainers: Apple’s stock AAPL rose 1% as Citi initiated coverage on the iPhone maker at buy.Stock decliners: Shares of Nike NKE dropped 4% in premarket trade after the retailer’s fourth-quarter profit came in below Wall Street expectations amid markdowns and weaker demand for sneakers and clothing.

ASML Holding shares ASML fell 2% as the Dutch government said it would require export licenses for semiconductor equipment machines, starting in September.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa 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 midday: Pinterest, Carnival, General Mills, Netflix and moreThese are some of the stocks posting the largest midday moves.
Source: CNBC - 🏆 12. / 72 Read more »

Nike beats sales expectations, misses on earnings as margins dropNike reported fiscal fourth quarter earnings that beat Wall Street's expectations on revenue but missed on profits.
Source: CNBC - 🏆 12. / 72 Read more »