Home/News Feed/Nike sales drop 4% with China revenue down 22%, Moderna joins Nasdaq-100, mortgage credit reporting rules may change. 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.