Nike Frankfurt up 9% Post-Results, Boosting Adidas & Puma
Nike Frankfurt grabbed headlines on Friday with a 9.2% stock surge, sparked by a solid financial forecast. The company predicted a smaller-than-expected drop in first-quarter revenue, easing investor worries. This jump came hot on the heels of an 11% rise in U.S. shares during Thursday’s extended trading, signaling strong market trust in Nike’s direction. This…