Why Nike Shares Are Trading Higher By Around 7%; Here Are 20 Stocks Moving Premarket - Nike (NYSE:NKE)

Shares of NIKE, Inc. (NYSE:NKE) rose sharply in today's pre-market trading after the company announced a CEO transition.

After the market close on Thursday, Nike announced that longtime Nike veteran Elliott Hill will become president and CEO of Nike, effective Oct. 14. Hill will also become a director on the board and a member of the executive committee.

NIKE shares gained 7% to $86.64 in the pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

Banzai International, Inc. (NASDAQ:BNZI) gained 148.1% to $7.12 in pre-market trading. Banzai International shares fell around 18% on Thursday after the company announced a 1-for-50 reverse stock split.
Battalion Oil Corporation (NASDAQ:BATL) gained 119.4% to $6.45 in the pre-market trading session after the company announced it has amended its merger agreement with Fury Resources for the acquisition of all outstanding shares of Battalion at $7.00 per share in cash.
Leafly Holdings, Inc. (NASDAQ:LFLY) gained 76.7% to $3.18 in pre-market trading.
SRIVARU Holding Limited (NASDAQ:SVMH) rose 53.2% to $0.19 in pre-market trading after gaining 11% on Thursday. SRIVARU Holding, on Thursday, secured Nasdaq Panel approval for continued listing amid compliance efforts.
Tenon Medical, Inc. (NASDAQ:TNON) shares rose 41.2% to $7.10 in pre-market trading after the company announced the issuance of three notices of allowance for patent applications from the UPSTO.
Alliance Entertainment Holding Corporation (NASDAQ:AENT) gained 25.5% to $2.56 in pre-market trading after the company reported better-than-expected full-year 2024 adjusted EPS results.
Genfit S.A. (NASDAQ:GNFT) gained 13% to $4.88 in pre-market trading after posting H1 results.
Kidpik Corp. (NASDAQ:PIK) rose 10.4% to $2.66 in pre-market trading.
Joint Stock Company Kaspi.kz (NASDAQ:KSPI) shares gained 6.3% to $106.10 in pre-market trading. Joint Stock Company Kaspi.Kz shares fell 16% on Thursday after Culper Research issued a report on the company.

Losers

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Shares of NIKE, Inc. (NYSE:NKE) rose sharply in today's pre-market trading after the company announced a CEO transition.

NIKE shares gained 7% to $86.64 in the pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

Banzai International, Inc. (NASDAQ:BNZI) gained 148.1% to $7.12 in pre-market trading. Banzai International shares fell around 18% on Thursday after the company announced a 1-for-50 reverse stock split.
Battalion Oil Corporation (NASDAQ:BATL) gained 119.4% to $6.45 in the pre-market trading session after the company announced it has amended its merger agreement with Fury Resources for the acquisition of all outstanding shares of Battalion at $7.00 per share in cash.
Leafly Holdings, Inc. (NASDAQ:LFLY) gained 76.7% to $3.18 in pre-market trading.
SRIVARU Holding Limited (NASDAQ:SVMH) rose 53.2% to $0.19 in pre-market trading after gaining 11% on Thursday. SRIVARU Holding, on Thursday, secured Nasdaq Panel approval for continued listing amid compliance efforts.
Tenon Medical, Inc. (NASDAQ:TNON) shares rose 41.2% to $7.10 in pre-market trading after the company announced the issuance of three notices of allowance for patent applications from the UPSTO.
Alliance Entertainment Holding Corporation (NASDAQ:AENT) gained 25.5% to $2.56 in pre-market trading after the company reported better-than-expected full-year 2024 adjusted EPS results.
Genfit S.A. (NASDAQ:GNFT) gained 13% to $4.88 in pre-market trading after posting H1 results.
Kidpik Corp. (NASDAQ:PIK) rose 10.4% to $2.66 in pre-market trading.
Joint Stock Company Kaspi.kz (NASDAQ:KSPI) shares gained 6.3% to $106.10 in pre-market trading. Joint Stock Company Kaspi.Kz shares fell 16% on Thursday after Culper Research issued a report on the company.

Losers

Signing Day Sports, Inc. (NYSE:SGN) fell 24.5% to $0.40 in pre-market trading. Signing Day Sports shares jumped 308% on Thursday after the company announced it will acquire sports gaming technology company Swifty Global.
Society Pass Incorporated (NASDAQ:SOPA) shares fell 17.4% to $0.85 in pre-market trading after gaining 22% on Thursday.
Neo-Concept International Group Holdings Limited (NYSE:NCI) shares dipped 16.7% to $0.70 in pre-market trading after surging 72% on Thursday.
TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) fell 15.8% to $0.6398 in pre-market trading.
E-Home Household Service Holdings Limited (NASDAQ:EJH) shares declined 14.1% to $0.0839 in pre-market trading after falling 8% on Thursday.
Exicure, Inc. (NASDAQ:XCUR) fell 13.2% to $3.41 in today's pre-market trading after jumping 72% on Thursday. Exicure recently announced it received an extension from the Nasdaq Hearings Panel.
FedEx Corporation (NYSE:FDX) declined 13.1% to $260.92 in pre-market trading after the company reported weaker-than-expected results for the first quarter of fiscal 2025 and lowered its full-year guidance.
Kopin Corporation (NASDAQ:KOPN) shares declined 11.8% to $0.85 in pre-market trading after the company announced a public offering of common stock and pre-funded warrants.
Rezolve AI Limited (NASDAQ:RZLV) shares fell 11.3% to $6.21 in pre-market trading after jumping around 47% on Thursday.
Veea Inc. (NASDAQ:VEEA) shares fell 7.6% to $10.22 in pre-market trading after declining around 10% on Thursday. Veea recently announced a strategic partnership with Crowdkeep to integrate their respective technologies into a singular, tailored solution to track assets, people, and conditions across a variety of use cases.