Nike’s Disappointing Sales Outlook
Nike's fiscal second-quarter earnings report brings disappointing news for the footwear industry as a whole. While Nike's results beat expectations, investors are concerned about its warning of softening sales in…
RTX Corp Lowers Sales Outlook due to Power Metal Issue
Shares of RTX Corp (formerly known as Raytheon Technologies) experienced a significant decline of 4.4% in premarket trading on Monday. This drop comes as a direct result of the defense…
Illumina Inc. Lowers Sales Outlook
Shares of Illumina Inc. saw a significant decrease of 6.6% in after-hours trading on Wednesday. This decline comes as the DNA-sequencing company adjusted its full-year sales outlook due to various…
Zevia PBC Lowers Full Year Guidance for 2023
Shares of Zevia PBC experienced a drop in post-market trading on Monday following the company's announcement of a reduction in its full year 2023 guidance. Stock Performance At 5:22 p.m.…