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Company News for Mar 23, 2023

Zacks Equity Research
·1-min read

  • Shares of NIKE, Inc. NKE fell 4.9% after the sports apparel giant warned of margin pressures despite reporting an earnings beat.

  • Shares of Ollie's Bargain Outlet Holdings, Inc. OLLI jumped 9.8% after it posted fourth-quarter fiscal 2022 earnings of 84 cents/share, which beat the Zacks Consensus Estimate of 80 cents.

  • Prologis, Inc.’s PLD shares slid 3.6% on the wider real estate slump.

  • Shares of Netflix, Inc. NFLX slumped 3.9% as consumer discretionaries tanked.

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Zacks Investment Research