Here’s a look at some companies making news in after-hours trading: Nike — The sportswear brand saw a 2% decline. Although Nike surpassed expectations for both revenue and earnings in the fiscal fourth quarter, it reported a 12% drop in sales compared to the same quarter last year. CorMedix — The biopharmaceutical company’s stock dropped 10% following its announcement of an $85 million stock offering, facilitated by RBC Capital Markets. Core Scientific — Shares increased by 1%, continuing a 33% surge from Thursday. This rise came after The Wall Street Journal shared that CoreWeave, a provider of artificial intelligence infrastructure, was negotiating to acquire Core Scientific. Concentrix — The company’s shares decreased by 9% after it reported earnings of $2.70 per share, excluding certain items, for the second quarter, falling short of the $2.75 estimate from analysts surveyed by FactSet. Nonetheless, it reported $2.42 billion in revenue, which was above the Wall Street expectation of $2.38 billion.
“After-Hours Buzz: NKE, CORZ, and Other Stocks Breaking the Mold!”
By Press Room
SITE LINKS
© 2025 The Smart Times. All Rights Reserved.