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Company News for Jul 1, 2024

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  • Shares of Elme Communities (ELME - Free Report) jumped 1.6% on real estate becoming the biggest winning sector of the day.
  • Shares of NIKE, Inc. (NKE - Free Report) plummeted 20% after reporting fourth-quarter fiscal 2024 revenues of $12.6 billion, missing the Zacks Consensus Estimate of $12.9 billion.
  • Netflix, Inc.’s (NFLX - Free Report) fell 1.4% on consumer discretionaries missing out in the session.
  • Shares of Wells Fargo & Company (WFC - Free Report) shot up 3.4% on bank stocks reacting favorably to the PCE inflation numbers.

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consumer-discretionary finance