These are some of the stocks posting the largest moves in premarket trading.
Check out the companies making headlines before the bell. Nike — The stock slumped 6.2% after the iconic sneaker brand reported slowing growth in China in its fiscal 2024 third quarter, despite posting better-than-expected quarterly earnings and revenue, boosted by North American sales and price changes.
Shares dropped more than 3.5% on news that Antonio Belloni will step down from his management role as deputy to chief executive Bernard Arnault at the French luxury goods company. Belloni, who was the group managing director of LVMH and chairman of its executive committee, will become president of LVMH Italy after leaving his roles in April. — CNBC's Jesse Pound, Tanaya Macheel and Michelle Fox Theobald contributed reporting.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves after hours: Lululemon, FedEx, Nike and moreSee which stocks are posting big moves after the bell.
Read more »
Reddit goes public in the most Reddit of waysOnce considered among the dark alleys of the internet, social media platform Reddit, now almost 20 years old set up a Thursday public stock offering to raise nearly $520 million on a company valuation of $6.4 billion.
Read more »
Reddit-based tokens MOON and BRICKs rally ahead of oversubscribed Reddit's IPOReddit-related tokens r/CryptoCurrency Moons (MOON) and r/FortNiteBR Bricks (BRICK) are rallying sharply on Wednesday, ahead of Reddit's (RDDT.N) Initial Public Offering (IPO), which has been reported as oversubscribed.
Read more »
Reddit publicly files IPO papers, detailing plans to license data, sell more ads‘Whatever people are into or going through, it is on Reddit,’ CEO says
Read more »
Reddit Is Invested In Bitcoin and Ethereum, SEC Filing ShowsCrypto Blog
Read more »
Reddit’s IPO Filing Is Missing Something: Cofounder Alexis OhanianOnly one of Reddit’s two cofounders is named in a new filing that puts the company weeks away from going public. Alexis Ohanian and Steve Huffman, now CEO, fell out in 2020.
Read more »