{"id":66906,"date":"2023-09-29T14:22:44","date_gmt":"2023-09-29T18:22:44","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/nike-ford-gm-walgreens-carnival-and-more-stock-market-movers\/"},"modified":"2023-09-29T14:22:48","modified_gmt":"2023-09-29T18:22:48","slug":"nike-ford-gm-walgreens-carnival-and-more-stock-market-movers","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=66906","title":{"rendered":"Nike, Ford, GM, Walgreens, Carnival, and More Stock Market Movers"},"content":{"rendered":"
\n
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<\/p>\n<\/figure><\/div>\n

Stocks fell Friday, losing earlier gains, as Wall Street closes out what has been the worst month of the year for equities.\u00a0<\/p>\n

These stocks were making moves Friday:<\/p>\n

\n

\n Nike
\n (ticker: NKE) stock rose 7% after the athletic apparel company reported fiscal first-quarter profit that beat analysts\u2019 estimates.
\n Nike
\n said inventories fell 10% in the period. The company also reaffirmed its fiscal-year outlook and issued upbeat guidance for its second quarter. Shares of other athletic footwear and accessory companies rose.
\n Foot Locker
\n (FL) was up 1.7%,
\n Under Armour
\n (UAA) rose 3.7%, and
\n On Holding
\n (ONON) gained 5.8%.<\/p>\n

\n Ford
\n (F) fell 1.6%,
\n General Motors
\n (GM) was down 1.2%, and
\n Stellantis
\n (STLA) declined 1.1% after the United Auto Workers union said it will expand its strike against General Motors and Ford, targeting one assembly plant at each company.
\n Stellantis
\n was spared from a strike expansion with UAW citing progress in negotiations.<\/p>\n

\n Walgreens Boots Alliance
\n (WBA) rose 5.1%. Shares gained following a Bloomberg report that said the healthcare giant was considering former
\n Cigna
\n (CI) executive Tim Wentworth to be its next CEO. The report cited people familiar with the matter. <\/p>\n

\n Blue Apron
\n (APRN) soared 134% to $12.83 after the meal-kit company agreed to be acquired by Wonder Group for $13 a share in cash in a deal with an equity value of approximately $103 million. <\/p>\n

\n Carnival
\n (CCL), the cruise operator, turned in higher earnings and revenue than expected in the fiscal third quarter but forecast a wider loss than anticipated for the final three months of its fiscal year. Shares dropped 7.7%.<\/p>\n

\n Brinker International
\n (EAT) rose 3.1% after the owner of Chili\u2019s was upgraded to Buy from Hold at
\n Stifel.<\/span>\n <\/p>\n

\n Ball
\n (BALL) jumped 3.8% after the aluminum-can maker was upgraded to Buy from Hold at Jefferies.<\/p>\n

\n Bumble
\n (BMBL) gained 2.5% after the dating app company was upgraded to Buy from Hold at Loop Capital.<\/p>\n

\n Tesla
\n (TSLA) was rising 0.2%. The electric-vehicle maker was sued Thursday by the Equal Employment Opportunity Commission, which alleged
\n Tesla
\n subjected Black employees at its Fremont, Calif., plant, to racial harassment and a hostile work environment. Meanwhile, Tesla is expected to report third-quarter deliveries on Monday and analysts at Citi trimmed their Tesla quarterly sales estimate to 450,000 vehicles, down from a previous expectation of 468,500.<\/p>\n

Write to Joe Woelfel at\u00a0joseph.woelfel@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Stocks fell Friday, losing earlier gains, as Wall Street closes out what has been the worst month of the year for equities.\u00a0 These stocks were making moves Friday: Nike (ticker: NKE) stock rose 7% after the athletic apparel company reported fiscal first-quarter profit that beat analysts\u2019 estimates. Nike said inventories fell 10% in the period. […]<\/p>\n","protected":false},"author":1,"featured_media":66907,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-66906","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nNike, Ford, GM, Walgreens, Carnival, and More Stock Market Movers | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Stocks fell Friday, losing earlier gains, as Wall Street closes out what has been the worst month of the year for equities.\u00a0 These stocks were making\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=66906\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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