Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Online business & e-commerce

Twitter, Micron Technology, Nike Inc and more - AFTER HOURS

A round-up of what happened after the bell in New York on Tuesday.

The Dow finished lower on Tuesday after fairly quiet trading, but Twitter (NASDAQ:TWTR) chirped up after hours to rise nearly 2% at US$16.92 after it said it was mulling increasing the character length on tweets.

It is testing a new 280-character limit (double the 140 previously) to allow users to "easily express themselves".

The 280-character limit is a terrible idea. The whole beauty of Twitter is that it forces you to express your ideas concisely (1/47)

— James Poniewozik (@poniewozik) 26 September 2017

Elsewhere, Micron Technology Inc (NASDAQ:MU) saw shares surge over 6% after the bell to US$36.24 after it unveiled better-than-expected fourth quarter results and guidance that beat estimates

Earnings per share (EPS) came in at US$2.02 against the$1.83 expected by Wall Street.

To sports gear and Nike (NYSE:NKE) shares ran almost 4% lower to US$51.60 after it posted first quarter results.

The world’s biggest sportswear maker expects North American sales to decline again this quarter, following a 3% fall in the last quarter, it said.

But the group's profit was above forecasts and quarterly sales met expectations.

Also, Cintas Corp (NASDAQ:CTAS) shares added over 3.5% to US$140 .95 after the bell after the company's first quarter results topped Wall Street estimates.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK