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Shares of NIO Inc. (NIO) declined 4.5% after the company reported fourth-quarter 2024 loss of $0.47 per share, wider than the Zacks Consensus Estimate of a loss of $0.33 per share.
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Planet Labs PBC’s (PL) shares tumbled 10.6% after the company reported fourth-quarter 2024 loss of $0.08 per share wider than the Zacks Consensus Estimate of a loss of $0.02 per share.
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Shares of Cleveland-Cliffs Inc. (CLF) fell 1.2% on reports that the steel producer will temporarily idle two factories which will result in hundreds of job losses.
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NIKE, Inc.’s (NKE) shares plunged 5.5% after the company said that it expects sales to fall by double digits in the current quarter.
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This article originally published on Zacks Investment Research (zacks.com).