Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Concentrix (CNXC) shares are sliding after the call-center company slashed its full-year outlook. Its forecasts for reported revenue and adjusted earnings per share also undershot Wall Street’s expectations.
- AeroVironment (AVAV) shares are jumping after the defense company reported fourth-quarter results that topped expectations across key metrics and forecast 2027 revenue that at the midpoint exceeded analysts’ estimate.
- Digital Reality (DLR) shares are lower on news it will buy a Blackstone data center stake for $3.5 billion.
- Nike (NKE) is ticking higher ahead of earnings. Nike investors will look for further signs of progress in the company’s comeback effort as Chief Executive Officer Elliott Hill cements a leadership reset. Traders will also seek details about one-time tariff refunds and demand tied to the FIFA World Cup, as well as clarity on a report saying Nike planned to halt online sales by partners in China. The retailer is expected to report results after the market closes Tuesday.
- Microsoft (MSFT) shares are slightly higher this morning with the Big Tech giant set for its worth month since 2000.