Monday, January 13, 2025
HomeFinance NewsNike's stock drops sharply as Russell reconstitution impacts Yahoo Finance in 13...

Nike’s stock drops sharply as Russell reconstitution impacts Yahoo Finance in 13 words.

Nike (NKE) is facing a dip in its shares after the company’s fourth-quarter revenue fell short of Wall Street expectations and they revised their revenue outlook for 2025. This news comes amidst the anticipation of the annual reconstitution of the Russell indexes after closing bell, where notable companies like Tesla (TSLA), Chewy (CHWY), and Trump Media & Technology (DJT) are being closely watched by investors.

On Yahoo Finance, trending tickers include a mix of familiar names such as Tesla and new additions like Chewy and Trump Media & Technology. The market is abuzz with excitement and speculation as the day unfolds with the anticipation of potential shifts in these top-performing companies. Investors are eagerly awaiting updates from the annual reconstitution of the Russell indexes and are keeping a close eye on how these changes will impact the market.

Top guests scheduled for interviews today include key figures like Libby Cantrill, PIMCO Head of US Public Policy, and Will Rhind, GraniteShares Founder and CEO, who will provide valuable insights into the current market trends. Additionally, Alex Saunders, Citi Research Head of Quantitative Macro Strategy, and Alex Thompson, Axios National Political Correspondent, are expected to share their expertise on relevant industry updates and political developments that could influence market dynamics in the days to come.

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