With U.S. stock futures trading mixed on Friday morning (ET), here are some stocks that could be of interest to investors today:
Crown Craft (NASDAQ: CRWS ) is scheduled to report fourth-quarter earnings before the market opens. Shares of Crown Craft rose 1% to $5.05 in after-hours trading.
Nokia (NYSE: NOK ) announced plans to acquire Infinera (NASDAQ: INFN ) for $6.65 per share. Infinera’s shares rose 18.1% in after-hours trading (aftermarket), trading at $6.21. Meanwhile, Nokia’s shares were down 0.3% at $3.72 in aftermarket trading.
Nike (NYSE: NKE ) reported mixed fourth-quarter earnings. The company reported fourth-quarter revenue of $12.6 billion, down 2% from the year-ago period. Total revenue missed the Street consensus of $12.91 billion. The company reported adjusted fourth-quarter earnings of $1.01 per share, beating the Street estimate of $0.85 per share. Nike shares fell 12.4% to $82.52 in after-hours trading.
Kura Sushi USA (NASDAQ: KRUS ) issued weak guidance. Kura Sushi said it expects preliminary total sales for the third quarter to be $63.1 million, compared to the estimate of $65.39 million. The company expects FY24 total revenue to range from $235 million to $237 million, ahead of market expectations of $245.74 million. Kura Sushi’s stock price fell 13.8% to $71.00 in after-hours trading.
