Stocks

Beachbody goes public through SPAC

Beachbody Company Inc. swung between gains and losses Monday after going public through a special purpose acquisition company, or SPAC.

Nike stock soars to record as US sales boom

Nike Inc. shares surged to a record high Friday as customers splurged on sneakers and sportswear as they looked to refresh their wardrobes coming out of the COVID-19 pandemic.

FedEx posts profit as online shopping boom continues

FedEx reported a nearly $2 billion profit in its most recent quarter, after reporting a loss the year before, helped by a surge in online shopping and the growth of its business-to-business shipping services.