Nike, Lennar, and FedEx Stocks Surge in After-Hours Trading
Nike’s stock surged 10% after announcing CEO John Donahoe’s departure on Oct. 13, with Elliott Hill set to take over. FedEx’s shares dropped 10% as they adjusted their earnings outlook and revenue guidance. MillerKnoll slipped over 2% after missing analysts’ estimates in the fiscal first quarter. Lennar fell 3% despite exceeding Wall Street expectations in the fiscal third quarter. Chewy’s stock dipped around 1% as they announced a public offering and share repurchase plan.
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Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.