{"id":12183,"date":"2025-03-22T11:43:18","date_gmt":"2025-03-22T11:43:18","guid":{"rendered":"https:\/\/finderica.com\/?p=12183"},"modified":"2025-03-22T11:43:18","modified_gmt":"2025-03-22T11:43:18","slug":"len-clf-fdx-nke-and-more","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=12183","title":{"rendered":"LEN, CLF, FDX, NKE and more"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines in premarket trading: FedEx \u2014 Shares tumbled more than 8% after the parcel delivery company slashed its full-year guidance , citing &#8220;weakness&#8221; in the U.S. industrial economy. FedEx now said to expect between $18 and $18.60 in earnings per share after certain exclusions, down from the range of $19 to $20 per share set earlier. United Parcel Service shares slid 1.5% in sympathy. Cleveland-Cliffs \u2014 The steel producer lost 2% after the Minnesota Star Tribune reported that Cleveland-Cliffs would temporarily idle two factories, resulting in hundreds of job cuts. That decision comes as automakers have reduced orders amid uncertainty tied to President Donald Trump &#8216;s tariff policies. Nike \u2014 The athletic apparel maker dropped nearly 7% after warning that sales will fall in the current quarter. That admission overshadowed a better-than-expected quarterly report, with Nike surpassing analyst consensus forecasts on both lines. Foot Locker slid more than 4%. Micron Technology \u2014 The semiconductor stock slid almost 4% despite beating Wall Street expectations for earnings in the fiscal second quarter and offering strong guidance. Micron earned an adjusted $1.56 per share on revenue of $8.05 billion, while analysts polled by LSEG penciled in just $1.42 per share and $7.89 billion in revenue. U.S. Steel \u2014 The steelmaker slipped 1% on the heels of weak guidance for the first quarter. U.S. Steel said to expect a loss of between 49 cents and 53 cents per share, while analysts polled by FactSet estimated a decline of 32 cents per share. Lennar \u2014 The homebuilder shed nearly 4% after it guided for 22,500 to 23,500 new orders for the fiscal second quarter, below the 23,802 consensus estimate, per StreetAccount. However, its first-quarter earnings and revenue beat expectations. Danaher \u2014 The conglomerate added 2% following a Goldman Sachs upgrade to buy from neutral. Goldman said the stock could outperform over the next year after a rough patch. Adaptive Biotechnologies \u2014 The biotech stock popped almost 4% on the back of Goldman Sachs&#8217; upgrade to buy from neutral. Goldman said Adaptive is in a strong end market and has an improving position within it. \u2014 CNBC&#8217;s Michelle Fox contributed reporting.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/03\/21\/stocks-making-the-biggest-moves-premarket-len-clf-fdx-nke-and-more.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines in premarket trading: FedEx \u2014 Shares tumbled more than 8% after the parcel delivery company slashed its full-year guidance , citing &#8220;weakness&#8221; in the U.S. industrial economy. FedEx now said to expect between $18 and $18.60 in earnings per share after certain exclusions, down from the range of $19<\/p>\n","protected":false},"author":1,"featured_media":12184,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[5031,5021,5030,1161],"class_list":{"0":"post-12183","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-clf","9":"tag-fdx","10":"tag-len","11":"tag-nke"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/12183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12183"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/12183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/12184"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}