-
Ericsson, Nordstrom And Other Big Stocks Moving Lower In Friday's Pre-Market Session
Friday, January 20, 2023 - 7:34am | 401U.S. stock futures traded mixed this morning. Here are some big stocks recording losses in today’s pre-market trading session. Gorilla Technology Group Inc. (NASDAQ: GRRR) shares tumbled 15.8% to $6.50 in pre-market trading after climbing over 38% on Thursday. Gorilla Technology Group, on...
-
VICI Properties Benefits From Buyers Adding Casino Stocks
Thursday, January 19, 2023 - 1:59pm | 544Gaming resorts real estate investment trust (REIT) VICI Properties Inc. (NYSE: VICI) gained 4.25% last week as casino stocks like Wynn Resorts Ltd. (NYSE: WYNN) and Las Vegas Sands Corp. (NYSE: LVS) rallied. VICI owns 49 gaming facilities across the United States that have a total of 124...
-
Morgan Stanley Says Timing Is Tricky & Demand The Key Unknown For Specialty Retail, Department Stores And Brands
Wednesday, January 18, 2023 - 3:08pm | 705Morgan Stanley analyst Alex Straton thinks 1H23 Softlines Retail results likely remain challenged, if not further degrade from 4Q22 trend, on potentially recessionary-like conditions, ongoing outsized inventory levels, & tougher compares. But in 2H23, the analyst sees a potential...
-
Gaming And Leisure Properties REIT Hits All-Time High
Friday, January 13, 2023 - 5:28pm | 497Gaming and Leisure Properties Inc. (NASDAQ: GLPI) hit a new 52-week high this week and a new all-time high as well. While most real estate investment trusts (REITs) are still struggling as they come off of last year’s lows, it’s unusual and noteworthy to see this one achieve such...
-
Tesla To Rally Around 20%? Here Are 10 Other Analyst Forecasts For Friday
Friday, January 13, 2023 - 9:14am | 547Keybanc boosted the price target for KLA Corporation (NASDAQ: KLAC) from $410 to $468. Keybanc analyst Steve Barger maintained an Overweight rating on the stock. KLA shares fell 0.1% to close at $419.07 on Thursday. RBC Capital cut the price target for Lennar Corporation (NYSE: LEN) from $79...
-
Why Cutera Shares Are Trading Lower By 23%? Here Are Other Stocks Moving In Monday's Mid-Day Session
Monday, January 9, 2023 - 2:42pm | 1961Gainers CinCor Pharma, Inc. (NASDAQ: CINC) shares jumped 137% to $27.93 after AstraZeneca announced it will acquire the company for $26 per share in cash. Apexigen, Inc. (NASDAQ: APGN) jumped 111% to $1.99 after climbing more than 10% on Friday. Amryt Pharma plc (NASDAQ: AMYT) gained 106.7% to $14...
-
Lululemon Athletica Plunges On Tightened Q4 Earnings Forecast, Gross Margin Contraction
Monday, January 9, 2023 - 9:07am | 273Lululemon Athletica Inc (NASDAQ: LULU) raised its fourth-quarter FY22 revenue outlook to $2.660 billion - $2.700 billion (consensus $2.67 billion), representing a 25% - 27% increase Y/Y. The previous guidance range was $2.605 billion to $2.655 billion. Meanwhile, the company...
-
Macy's, DoorDash And Some Other Big Stocks Moving Lower In Monday's Pre-Market Session
Monday, January 9, 2023 - 7:19am | 376U.S. stock futures traded higher this morning. Here are some big stocks recording losses in today’s pre-market trading session. Moolec Science SA (NASDAQ: MLEC) shares dropped 28.4% to $13.78 in pre-market trading after jumping 258% on Friday. Mullen Automotive, Inc. (NASDAQ: MULN) shares...
-
Macy's, Acuity Brands And 3 Stocks To Watch Heading Into Monday
Monday, January 9, 2023 - 5:29am | 332With US stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Acuity Brands, Inc. (NYSE: AYI) to post quarterly earnings at $2.80 per share on revenue of $958.92 million before the opening bell. Acuity...
-
Wells Fargo Upgrades Lululemon Athletica On Sustained Momentum; Downgrades Ulta Beauty On Demand Slowdown
Friday, January 6, 2023 - 1:31pm | 481Wells Fargo analyst Ike Boruchow upgraded Lululemon Athletica Inc (NASDAQ: LULU) to Overweight and raised the price target to $380 from $360. Lululemon’s topline resilience in the past few years has been nothing short of stunning, with 2022E’s topline expected...
-
Meta Platforms To Rally 34%? Here Are 10 Other Analyst Forecasts For Thursday
Thursday, January 5, 2023 - 9:09am | 597Piper Sandler cut Lululemon Athletica Inc. (NASDAQ: LULU) price target from $390 to $385. Piper Sandler analyst Abbie Zvejnieks maintained an Overweight rating on the stock. Lululemon shares fell 0.7% to close at $320.98 on Wednesday. Credit Suisse slashed Danaher Corporation (NYSE: DHR)...
-
Morgan Stanley Thinks Retailers Will Ramp Up Discounting In January
Tuesday, January 3, 2023 - 1:36pm | 728In the week 5 December store checks, Morgan Stanley analyst Alex Straton observed a slight week-on-week decrease in retail foot traffic and broadly higher year-on-year promotional clearance breadth. More specifically, footfall appeared to decelerate from December Week 4 levels, an...
-
Restaurant Group Files To Stop Implementation Minimum Fast-Food Wage Law In California
Friday, December 30, 2022 - 7:42am | 347A restaurant-industry group reportedly sued some California state officials, alleging they plan to illegally implement a new law that would set minimum hourly wages for fast-food workers. The California law would set a minimum wage for the state's estimated half-million fast-food workers at as...
-
US Court Indicts Google And YouTube Content Providers For Violating Children Privacy
Thursday, December 29, 2022 - 8:05am | 455A U.S. appeals court revived a suit charging Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google and other companies of violating the privacy of children below 13 years. Google and other companies allegedly tracked the children's YouTube activity without parental...
-
Under Armour's New CEO May Go Through Learning Curve Before Delivering, Says Analyst
Thursday, December 22, 2022 - 3:13pm | 350Wedbush analyst Tom Nikic reiterated an Outperform rating on the shares of Under Armour Inc (NYSE: UAA) with a price target of $11.00. The company announced the appointment of Stephanie Linnartz as President and CEO following an extensive search of internal and external...