Benzinga – by Avi Kapoor, Benzinga Staff Writer.
With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows:
Crown Crafts, Inc. (NASDAQ:CRWS) is scheduled to release earnings results for its fourth quarter before the opening bell. Crown Crafts shares gained 1% to $5.05 in the after-hours trading session.
Nokia Corp (NYSE:NOK) announced plans to acquire Infinera Corporation (NASDAQ:INFN) in a transaction valuing Infinera at $6.65 per share. Infinera shares jumped 18.1% to $6.21 in after-hours trading, while Nokia shares fell 0.3% to $3.72 in the after-hours trading session.
Nike Inc (NYSE:NKE) reported mixed results for its fourth quarter. The company reported fourth-quarter revenue of $12.6 billion, down 2% year-over-year. The revenue total missed a Street consensus estimate of $12.91 billion. The company reported adjusted fourth-quarter earnings per share of $1.01, which beat a Street estimate of $0.85 per share. Nike shares fell 12.4% to $82.52 in after-hours trading.
Check out our premarket coverage here
Kura Sushi USA, Inc. (NASDAQ:KRUS) issued soft guidance. Kura Sushi said it sees preliminary third-quarter total sales of $63.1 million versus estimates of $65.39 million. The company expects FY24 total sales of $235 million to $237 million versus market expectations of $245.74 million. Kura Sushi shares dipped 13.8% to $71.00 in after-hours trading.
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