Nike, Tesla, Stitch Fix, Peloton, Nikola & more


Shoppers, some wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against COVID-19, queue to enter a recently re-opened Nike store at Gunwharf Keys shopping centre in Portsmouth, southern England on June 16, 2020.

Adrian Dennis | AFP | Getty Images

Check out the companies making headlines in midday trading. 

Nike — Shares of the apparel giant surged 8.3% on Wednesday after the company reported better-than-expected results for its fiscal first quarter. The company earned 95 cents per share on $10.95 billion of revenue. Analysts were expecting 47 cents per share and $9.15 billion, according to Refinitiv. Nike reported large growth in its digital sales and women’s apparel business.

Johnson & Johnson — Shares of Johnson & Johnson rose 1.5% after the pharmaceutical and consumer products maker said it began a phase three trial for its coronavirus vaccine candidate. The trial will include up to 60,000 adults from across the U.S. who will be randomly selected to receive the potential vaccine or a placebo.

Tesla – Shares of the electric vehicle company…

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