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Company News for Sep 23, 2024

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  • Shares of FedEx Corporation (FDX - Free Report) plummeted 15.2% after reporting first-quarter fiscal 2025 earnings of $3.60 per share, missing the Zacks Consensus Estimate of $4.82.    
  • Shares of NIKE, Inc. (NKE - Free Report) rose 6.8% after announcing former senior executive Elliott Hill will be its new CEO.
  • Shares of MillerKnoll, Inc. (MLKN - Free Report) plunged 14.5% after reporting first-quarter fiscal 2025 revenues of $861.5 million, which missed the Zacks Consensus Estimate of $892 million.
  • Shares of NVIDIA Corporation (NVDA - Free Report) fell 1.6% as the broader tech sector lagged.

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consumer-discretionary semiconductor transportation