Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered its sales outlook. The stock fell about 12% in premarket trading Friday. Nike shares were up 4.7% so far this year through Thursday’s close, lagging far behind the S&P 500’s…
Tag: Foot Locker Inc
These 10 portfolio names outperformed the stock market amid the October decline
Despite a downbeat month for stocks and mounting macroeconomic uncertainty, several Club names outperformed the market in October — and landed in the green. While the S & P 500 had its third consecutive down month — weighed down in part by soaring yields on government bonds and a mixed…
Here are our top 4 stocks and worst 4 stocks to start the second half of 2023
Two weeks into the second half of the year, we put together a quick look at the top four performers and the bottom four in Jim Cramer’s Charitable Trust, the stock portfolio we use for the Investing Club. The first full trading week of July saw Wall Street under some…
Stocks making the biggest moves midday: Ross Stores, Carvana, Coinbase, Rent the Runway and more
Pedestrians pass in front of a GAP store in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Ross Stores — Ross Stores jumped 10% after a quarterly beat on earnings and revenue. The company was also named by Credit Suisse as its top…
Stocks making the biggest moves midday: Bed Bath & Beyond, Cineworld, Foot Locker, Wayfair and more
Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Check out the companies making headlines in midday trading. Foot Locker — The retail stock surged 20% after it appointed former Ulta Beauty head Mary Dillon as its chief executive officer, replacing Richard Johnson. Foot Locker also reported a smaller-than-expected drop in…