In This Article:
Morning Brief co-hosts Seana Smith and Brad Smith dive into three trending tickers capturing market attention.
General Motors (GM) faces headwinds as Bernstein analysts downgrade the stock to Market Perform from Outperform, citing mounting earnings challenges.
Meanwhile, Nike (NKE) finds itself on JPMorgan's "Negative Catalyst Watch" ahead of its October 1st earnings report. The firm points to hurdles such as factory issues and decelerating sales, noting that even the Olympics failed to provide the anticipated boost.
Lastly, Alaska Airlines (ALK) grapples with the fallout from a technical outage that disrupted flights in Seattle, though the company assures customers that the incident was not the result of a cyberattack.
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This post was written by Angel Smith