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Stock Prices

NKE

Nike shares are trading lower due to weak quarterly results and lowered FY23 guidance reported by Foot Locker.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 10:51 am

FL

Foot Locker reported worse-than-expected Q1 results and lowered its FY23 guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 10:50 am

FL

Foot Locker has lowered its 2023 adjusted EPS guidance from $3.35-$3.65 to $2.00-$2.25, indicating a potential decrease in future earnings.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 10:49 am

FL

Foot Locker has lowered its 2023 gross margin guidance from 30.8-31% to 28.6-28.8%, citing more aggressive markdowns and higher shrink.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 10:48 am

BE

COTY

CTLT

FTCH

GPS

GRAB

SDA

TIGR

Several stocks recorded gains in today's pre-market trading session, including SunCar Technology Group, Farfetch Limited, Bloom Energy Corporation, UP Fintech Holding Limited, The Gap, Catalent Inc, Coty Inc, and Grab Holdings Limited.

Portfolio Pulse from Lisa Levin

May 19, 2023 | 10:47 am

FL

Foot Locker has lowered its 2023 comparable sales guidance from a decline of 2.5-5.5% to a decline of 7.5-9%.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 10:47 am

FL

Foot Locker has lowered its 2023 sales and earnings guidance, potentially impacting investor confidence in the company's growth prospects.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 10:46 am

AMAT

BABA

PLTR

QQQ

SPY

WMT

US stock futures signal a strong finish to the week on tech surge, with major indices on track to post weekly gains. Walmart's strong Q1 report and hopes of a debt ceiling resolution contribute to the positive sentiment. Analyst Ryan Detrick predicts big gains for the year based on historical patterns.

Portfolio Pulse from Shanthi Rexaline

May 19, 2023 | 10:44 am

AULT

Ault Alliance has terminated its offer to exchange Class A Common Stock for 10.00% Series H Cumulative Redeemable Perpetual Preferred Stock due to logistical issues with the Depositary Trust Company (DTC) relating to the company's recent 300 for one reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 10:33 am

BTCUSD

Santiment has identified a surge in security-related keywords, suggesting heightened caution among crypto traders and investors. This follows concerns over Ledger's recent update, which shares encrypted fragments of users' seed phrases. Bitcoin reached a high of $27,500 before dipping to $26,400.

Portfolio Pulse from Mehab Qureshi

May 19, 2023 | 10:24 am