UAA - Nike Posts Downbeat Sales Joins NetEase And Other Big Stocks Moving Lower In Friday's Pre-Market Session | Benzinga
U.S. stock futures were lower this morning, with the Dow Jones futures falling more than 100 points on Friday.
Shares of NIKE, Inc. (NYSE: NKE) shares fell sharply in pre-market trading following second-quarter results.
NIKE posted better-than-expected earnings for its second quarter, but sales missed expectations. The company also stated that it is assessing opportunities to deliver up to $2 billion in cumulative cost savings during the next three years.
Nike shares dipped 11.4% to $108.61 in pre-market trading.
Here are some big stocks recording gains in today’s pre-market trading session.