Nike plunges 8.7% while Synaptics jumps 15% in after-hours trading

  • Nike reported first-quarter results, while Synaptics announced its acquisition by ON Semiconductor.
  • Nike shares fell 8.7%; Synaptics shares rose 15% in after-hours trading.
  • AsiaStrategy disclosed a tokenization agreement, while Edwards reported FDA approval for AUTUS valve.

Nike, Synaptics, Edwards Lifesciences, AsiaStrategy and Mangoceuticals were among the stocks drawing investor attention Friday as U.S. stock futures traded higher. Nike reported first-quarter revenue of $11.21 billion, below the $11.33 billion analyst estimate, while adjusted earnings of 48 cents per share topped expectations of 44 cents. Its shares fell 8.7% to $32.09 in after-hours trading. Synaptics climbed 15% to $122.10 after announcing that ON Semiconductor will acquire it for $123 per share under a revised agreement. Edwards Lifesciences said the FDA (U.S. drug regulator) approved its AUTUS valve, the first surgical pulmonary valve for pediatric patients; Edwards shares fell 1.3% to close at $85.19 Thursday. AsiaStrategy rose 30.8% to $3.07 after disclosing a non-binding memorandum of understanding with Plume to advance real-world asset tokenization (turning physical assets into blockchain-based tokens) across Asia. Mangoceuticals dropped 12.2% to $0.42 after saying its former subsidiary secured a $2.5 million strategic investment.

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