Market Update: General Motors, Nike, and Alaska Airlines Under Scrutiny

Reported 15 days ago

In a recent market update, General Motors has been downgraded to 'Market Perform' by Bernstein analysts due to expected earnings challenges. Nike is currently under JPMorgan's 'Negative Catalyst Watch' ahead of its October 1st earnings report, citing factory issues and slowing sales as significant hurdles. Additionally, Alaska Airlines is addressing the consequences of a recent technical outage that disrupted flights in Seattle, clarifying that the incident was not related to a cyberattack.

Source: YAHOO

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