Market Movers Today: Nike Inc (NKE), Forward Industries, Inc. (FORD), International Business Machines Corp (IBM), and More

PAVmed Inc (NASDAQ:PAVM) (Benzinga)
PAVmed Inc (NASDAQ:PAVM) shares tumbled 28 percent to $1.83 after the company reported public offering of common stock.

Square Inc (NYSE:SQ) (MarketWatch)
Shares of Square Inc. SQ, +5.86% rose 3.8% in premarket trading Friday after analysts at Instinet raised their target price to $64, by far the highest among Wall Street analysts tracked by FactSet. The analysts, led by Dan Dolev, believe that an inflection in GPV growth will help Square keep transaction yield stable even as large sellers become a more important part of the business. They also see Square’s margins expanding as the company’s Square Capital lending business expands and as the company generates continued momentum for its software offerings.

American Express Company (NYSE:AXP) (CNBC)
American Express Company (NYSE:AXP) The company earned an adjusted $1.58 per share for the fourth quarter, beating estimates by 4 cents a share. The financial services giant also saw revenue beat forecasts, however, the company reported its first overall quarterly loss in 25 years stemming from charges related to tax law changes. The company will maintain its quarterly dividend but has suspended share buybacks for the first half of 2018.

Forward Industries, Inc. (NASDAQ:FORD) (Benzinga)
Forward Industries, Inc. (NASDAQ:FORD) jumped 179 percent to $3.46 after the company reported the acquisition of Intelligent Product Solutions.