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Nike, AAR And 3 Stocks To Watch Heading Into Friday

Published 22/12/2023, 09:37
© Reuters.  Nike, AAR And 3 Stocks To Watch Heading Into Friday
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Benzinga - by Avi Kapoor, Benzinga Staff Writer.

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.

Check out our premarket coverage here

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.

Check This Out: How To Earn $500 A Month From Broadcom Stock Following Recent Rally

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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