U.S. stocks closed a shortened week with broad losses as markets observed the Good Friday holiday, trimming trading activity on Friday.
Nike, Inc. (NYSE:NKE) decreased 14.29% this week after the company reported third-quarter financial results. Also, the company issued fourth-quarter sales guidance below estimates. Multiple analysts lowered their price forecast on the stock.
Texas Pacific Land Corporation (NYSE:TPL) decreased 14.30% this week.
Sysco Corporation (NYSE:SYY) slumped 13.56% this week after the company announced it will acquire Jetro Restaurant Depot. Also, multiple analysts lowered their price forecast on the stock.
Venture Global, Inc. (NYSE:VG) fell 15.01% this week.
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) decreased 9.95% this week.
EQT Corporation (NYSE:EQT) slumped 11.48% this week.
Boston Scientific Corporation (NYSE:BSX) fell 9.32% this week after the company announced data from its HI-PEITHO clinical trial evaluating the EKOS Endovascular System in patients with pulmonary embolism. EKOS demonstrated a 61% reduction in primary endpoint events. Also, Raymond James downgraded its rating on the stock from Strong Buy to Outperform and lowered its price target from $97 to $88.
Rogers Communication, Inc. (NYSE:RCI) decreased 9.88% this week.
Strategy Inc (NASDAQ:MSTR) slumped 8.08% this week. Leading technical analyst Ali Martinez identified on Thursday the first "Buy" signal in months for Strategy, potentially marking an end to its corrective phase.
Antero Resources Corporation (NYSE:AR) slumped 9.96% this week.