Stocks making the biggest moves premarket: Nike, Micron, Amylyx and others
In this article NKE MU AMLX RCII Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 1:36 01:36 News Update – Pre-Markets News Briefing Check out the companies making headlines before the bell: Nike (NKE) – Nike slumped 10% in the premarket after it reported a 44% increase in inventories for its latest quarter , and said it would offer more discounts heading into the holiday season. The athletic footwear and apparel maker reported better-than -expected profit and revenue for its latest quarter . Micron Technology (MU) – Micron gained 1.5% in the premarket after it beat estimates with its latest quarterly earnings, even as sales fell below forecasts. The chipmaker also issued a weaker-than-expected revenue outlook and said sales are being impacted by waning demand for consumer electronics. Amylyx Pharmaceuticals (AMLX) – Amylyx surged 9.3% in the premarket after the FDA approved its new ALS drug. The treatment slows the progression of the disease, extends survival, and is t...