[ad_1]
FedEx saw a significant drop in its stock price, plummeting more than 15% following a decrease in quarterly earnings and a lowered revenue forecast. The company attributed the decline to softer industrial demand and a shift by customers to cheaper delivery options. Nike’s apparel stock, on the other hand, experienced a nearly 7% rise after announcing a CEO change. Constellation Energy’s shares surged over 22% due to plans to restart the Three Mile Island nuclear plant and sell power to Microsoft. Novo Nordisk’s stock fell about 5.5% following disappointing trial results for its obesity pill. Vistra’s stock jumped 16.6% after announcing plans to acquire the remaining stake in its subsidiary. Lennar’s shares dipped more than 5% despite posting strong earnings and revenue. ASML’s semiconductor stock slid 4% after a downgrade from Morgan Stanley, while Centessa Pharmaceuticals rose over 4% after an upgrade. Valero Energy’s stock declined around 3% following a downgrade, and Chewy’s shares dropped over 4% after announcing a stock offering.

[ad_2]
Stocks-making-the-biggest-moves-midday-fdx-nke-ceg-and-more.html”>SOURCE