Nike reported a 4% decline in Q1 sales, driven by a 22% drop in China revenue, impacting its overall performance and leading to a 9% premarket share decline. Moderna will replace Warner Bros Discovery in the Nasdaq-100, reflecting its strong market performance this year. The Federal Housing Finance Agency plans to reduce mortgage credit report requirements from three bureaus to two, affecting companies like Equifax and TransUnion and potentially lowering homeownership costs. These developments highlight shifts in retail, biotech, and mortgage sectors with implications for investors.
Nike shares are down 9.59% on Pluang as of Oct 02, 2026 18:21 WIB, trading at USD 31.78 with a market cap of $52.14 billion. Meanwhile, Moderna, which is replacing Warner Bros Discovery in the Nasdaq-100, is up 0.52% at USD 189.92. Pluang data shows Nike has a dividend yield of 4.63% and a typical hold time of 155 days, while Moderna's typical hold time is 59 days.
Nike reported a 26% revenue decline in China and missed revenue expectations in its FY1Q27 results, though earnings slightly beat estimates. The company guided for a high single-digit revenue decline in FY2027, citing challenges like strong competiti...
Nike reported weak first-quarter results and issued disappointing guidance for fiscal year 2027, causing its shares to fall in after-hours trading. The company saw a 26% year-over-year revenue drop in Greater China, with no expected recovery until fi...
Nike reported earnings per share of $0.48, beating estimates, but revenue fell short at $11.21 billion due to weak demand in Greater China and rising competition. The company issued a cautious fiscal 2027 outlook with EPS forecast between $1.15 and $...
Nike's stock has dropped 76% over the past five years, currently trading at 21 times forward earnings despite this decline. The company's Q1 earnings showed a 4% revenue decrease, particularly weak in Europe and Greater China, with guidance falling b...
Nike's financial outlook for fiscal year 2027 is deteriorating, marked by shrinking revenue, a 22% drop in China sales, and a 28% decline in Converse sales. The company relies heavily on costly retailer working capital and faces margin risks despite ...
