Nike, AAR And 3 Stocks To Watch Heading Into Friday
With U.S. stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows:
NIKE, Inc. (NYSE:NKE) 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 11.7% to $108.21 in after-hours trading.
Rocket Lab USA, Inc. (NASDAQ:RKLB) shares rose sharply in after-hours trading on Thursday after the company announced a new $515 million contract with a U.S. government customer. Rocket Lab shares jumped 15.6% to $5.12 in the after-hours trading session.
Marathon Petroleum Corporation (NYSE:MPC) named Maryann Mannen as President and John Quaid as Executive Vice President and CFO. Marathon Petroleum shares gained 0.4% to $153.33 in after-hours trading.
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AAR Corp. (NYSE:AIR) posted upbeat earnings for its second quarter, while sales missed estimates. AAR shares fell 1.4% to $69.80 in the after-hours trading session.
Galecto, Inc. (NASDAQ:GLTO) shares surged in after-hours trading after the company announced topline results from a Phase 2a trial of GB2064 for the treatment of myelofibrosis. Galecto shares jumped 16% to $0.7187 in the after-hours trading session.
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