Check out the companies making headlines for deals outside of business hours: Nike – Athletic retailers fell 2%. Nike beat expectations on the top and bottom line in the fourth quarter, but the company said sales fell 12% from the same period last year. Cormedix – Biopharmaceutical Stock fell 10% after it announced its $85 million common stock. The service is provided through RBC’s capital markets. Core Scientific – Shares rose 1% and were built at a 33% rally on Thursday. The move has risen after the Wall Street Journal reported that artificial intelligence infrastructure vendor CoreWeave is in talks to win Core Scientific. Concentix – Shares fell 9% after technology and services companies posted earnings per share and earnings per share, excluding second quarter items. However, the company reported revenue of $2.42 billion, exceeding Wall Street’s forecast of $2.3 billion.
Stocks that will make the biggest move in a few hours: NKE, CORZ, etc.
