Stocks to Watch: Nike, Skyworks Solutions, L3Harris, Netflix

By Britton O'Daly 

Here are some of the companies with shares expected to trade actively in Tuesday's session:

Nike: The athletic apparel giant is yanking a U.S.A.-themed sneaker featuring an early American flag after NFL star-turned-activist Colin Kaepernick told the company it shouldn't sell a shoe with a symbol that he and others consider offensive, The Wall Street Journal reported.

Skyworks Solutions: Boosted by a weekend U.S.-China trade truce, the chip manufacturer rose 6% Monday, its best day since early February. The rise was the stock's fourth consecutive advance, bringing its four-day climb to 10%.

L3 Harris Technologies: Shares of the defense contractor slid 5.8% after the newly formed company announced that the merger of Harris Corp. and L3 Technologies was completed June 29 and revealed its new share repurchase program and board of directors.

Netflix: The stock rose 2% Monday, rising for the ninth time in the past 11 sessions, after technology publication The Information reported that Ted Sarandos, the company's content chief officer, told executives at a recent meeting to be more careful with expenses. The streaming giant has spent heavily on movies and shows recently.

This is a version of the "Stocks to Watch" section of our Markets newsletter. To receive it every morning via email, click here.

(END) Dow Jones Newswires

July 02, 2019 06:14 ET (10:14 GMT)

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