The stocks making the biggest moves in premarket trading include Nike, Okta, Alibaba and more.
Take a look at some of the biggest movers in the premarket: – Nike reported quarterly profit of 87 cents per share, 16 cents a share above estimates.
Revenue beat estimates as well, helped by an increase in digital sales and its ability to successfully navigate supply chain issues. Nike jumped 6.3% in the premarket, and its results also boosted shares of rival
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Okta hack puts thousands of businesses on high alertLapsus$ has posted screenshots of the alleged hack.
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Okta Investigates Reports of a Digital BreachIdentity management software company Okta said it is investigating reports of a digital breach after hackers posted images they said were of the company’s internal systems.
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Nike Outperforms in North America and Europe, but Falls Short in AsiaBut investors didn’t seem to mind. Company shares shot up more than 6 percent in after-hours trading.
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Nike shares rise as earnings top estimates on strong North America demandNike reported earnings and sales that topped analysts' estimates, thanks to robust demand in North America as consumers headed back to stores.
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Inside Nike tech exec Ratnakar Lavu's ambitious digital-growth plansNike has pinned its future on digital growth, but its top tech executive is facing huge hurdles, a talent drain, and morale that one insider described as 'absolutely in the tank'
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