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VYLR

VYLR
67.2601.46%( -1.000 )

LongbridgeAI

Nike, Corteva, Mattel, Accenture and Coherent: Why These 5 Stocks Are on Investors' Radars Today

benzinga_article
Oct 2, 2026 at 01:18 AM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

On Oct 1, 2026, major US indices rose despite bond yield pressures. Key stock movements included Corteva plunging 83.81% following its spin-off of the seed business into Vylor, and Mattel surging 18.80% on CEO succession news. Accenture gained 15.78% on strong Q4 earnings, while Coherent rose 10.90% amid reports of potential US restrictions on Chinese optical transceivers. Nike fell sharply in after-hours trading to $32.09 after missing revenue estimates and issuing a conservative outlook for fiscal 2027.

Global bonds faced renewed selling pressure, pushing borrowing costs in the U.S., France and Japan to multi-decade highs as inflation and stronger growth expectations fueled concerns about higher rates. The U.S. 10-year Treasury yield briefly hit 5.34%, its highest since 2002, before retreating as bargain hunters stepped in, according to a Reuters report.

Major U.S. indices ended higher on Thursday, with the Dow Jones Industrial Average edging up 0.04% to 50,926.56, while the S&P 500 gained 0.19% to 7,666.45 and the Nasdaq rose 0.04% to 26,871.59.

These are the top stocks that gained the attention of retail traders and investors throughout the day.

Nike Inc. (NYSE:NKE)

Nike stock closed at $35.15, down 0.71%, after trading between $35.02 and $36.24; its 52-week range is $35.02 to $76.97. In the after-hours session, the stock plummeted 8.71% to $32.09.

Nike reported first-quarter revenue of $11.21 billion, down 4% year over year and below the $11.33 billion analyst estimate, while adjusted EPS of 48 cents beat expectations of 44 cents. The company forecast fiscal 2027 revenue to decline by a high-single-digit percentage and adjusted EPS of $1.15-$1.35, below the $1.69 analyst estimate, as it launched its Pace restructuring initiative to streamline operations and reduce costs.

Read Also: Meta's AI Spending Has a $3.9 Billion Tax Perk — Mark Zuckerberg-Led Company Reportedly Classified Data Centers as ‘Pilot Models’

Corteva Inc. (NYSE:CTVA)

Corteva shares finished at $12.57, plunging 83.81%, after reaching an intraday high of $14.44 and low of $11.84; its 52-week range is $11.84 to $90.97. The shares rose 1.91% to $12.81 in extended trading.

Corteva completed the spin-off of its seed and genetics business into Vylor, leaving Corteva as a pure-play global crop protection company; shareholders retained their Corteva shares and received Vylor shares. Vylor also assumed corresponding debt through exchanges totaling about $1.44 billion in senior notes, while Corteva highlighted an $11 billion crop protection pipeline and plans to launch 12 new active ingredients over the next decade.

Mattel Inc. (NASDAQ:MAT)

Mattel closed at $15.04, up 18.80%, following an intraday high of $17.23 and low of $12.40; its 52-week range is $12.40 to $22.48.

The toy company previously disclosed that Chairman and CEO Ynon Kreiz would leave Oct. 2 for a senior role elsewhere, with board member and Condé Nast CEO Roger Lynch designated as successor.

Accenture plc (NYSE:ACN)

Accenture ended at $212.30, gaining 15.78%, after moving between $211.04 and $227.63; its 52-week range is $118.15 to $291.09.

Accenture reported fourth-quarter revenue of $18.7 billion, up 7% in local currency, driven by broad-based growth and strong bookings from its top 10 ecosystem partners. For fiscal 2026, revenue reached $74 billion, up 5% in local currency, while the company expanded its AI business to 317 diamond clients and made $1.9 billion in acquisitions; it guided for fiscal 2027 revenue growth of 3%-6% in local currency.

Coherent Corp. (NYSE:COHR)

Coherent stock closed at $319.19, up 10.90%, after reaching $323.23 at its session high and $286.42 at its low; its 52-week range is $108.19 to $440.

The optical networking company advanced alongside Lumentum as reports pointed to possible U.S. restrictions on Chinese optical transceivers, components used in fiber networks and artificial intelligence data centers.

Benzinga Edge Stock Rankings indicate Nike stock has a Momentum score in the 5th percentile and a Growth score in the 88th percentile

See More: Top Growth Stocks

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo Courtesy: fadil051922 on Shutterstock.com

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