See which stocks are posting big moves after the bell Tuesday.
. 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.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Watch this level in Lululemon's stock as fellow athleisure giant Nike reportsLululemon's stock could pull back soon, but that will be a buying opportunity, says Ari Wald, head of technical analysis at Oppenheimer.
Weiterlesen »
Nike traders bet the athleisure stock will climb 8% in the next monthAs Nike warms up for its next earnings report, traders are betting on a near-term boost for the sportswear stock.
Weiterlesen »
Serena Williams on what she's learned from working with NikeSerena Williams' venture fund aims to be inclusive and fund startups with diverse founders. It has already invested in more than 30 companies.
Weiterlesen »
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.
Weiterlesen »
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.
Weiterlesen »
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.
Weiterlesen »