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Taper Or Tarry: Will Delta, Inflation, And Employment Data Spur Fed Action Or Delay?
Thursday, September 9, 2021 - 9:29am | 2288It makes sense that tonight is the start of football season because the market’s been taking a few hits. Major indices headed lower again overnight as the mood seems to remain cautious. Treasury yields fell ahead of a series of auctions that could help us get a sense of how much demand...
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10 Biggest Price Target Changes For Thursday
Thursday, September 9, 2021 - 7:35am | 382Telsey Advisory Group lifted the price target on Lululemon Athletica Inc. (NASDAQ: LULU) from $460 to $485. Lululemon shares surged 13.9% to $433.58 in pre-market trading. Keybanc raised ICU Medical, Inc. (NASDAQ: ICUI) price target from $225 to $302. ICU Medical shares fell 0.8% to $258.00 in...
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Lululemon Athletica Shares Rally On Strong Q2, Raised FY21 Outlook
Thursday, September 9, 2021 - 7:02am | 279Lululemon Athletica Inc (NASDAQ: LULU) reported second-quarter FY21 sales growth of 61% year-on-year, to $1.45 billion, beating the analyst consensus of $1.33 billion. On a constant dollar basis, net revenue rose 56%. Net revenue from company-operated stores increased 142% Y/Y, and...
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21 Stocks Moving in Thursday's Pre-Market Session
Thursday, September 9, 2021 - 5:35am | 909Gainers Cardiff Oncology, Inc. (NASDAQ: CRDF) rose 17.3% to $8.27 in pre-market trading after the company announced new data from its Phase 1b/2 trial in KRAS-mutated metastatic colorectal cancer showing "robust objective response rate and progression free survival." TSR, Inc. (NASDAQ:...
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A Peek Into The Markets: US Stock Futures Fall Ahead Of Jobless Claims, Fed Speakers
Thursday, September 9, 2021 - 5:03am | 756Pre-open movers U.S. stock futures traded lower in early pre-market trade after recording losses in the previous session. Investors are awaiting earnings results from Hovnanian Enterprises, Inc. (NYSE: HOV), Zumiez Inc. (NASDAQ: ZUMZ), Dave & Buster's Entertainment Inc (NASDAQ: PLAY) and...
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5 Stocks To Watch For September 9, 2021
Thursday, September 9, 2021 - 3:31am | 316Some of the stocks that may grab investor focus today are: Wall Street expects Zumiez Inc. (NASDAQ: ZUMZ) to post quarterly earnings at $0.78 per share on revenue of $279.79 million after the closing bell. Zumiez shares rose 1.3% to $38.85 in after-hours trading. RH (NYSE: RH) reported stronger-...
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A Peek Into The Markets: US Stock Futures Down Ahead Of Fed's Beige Book
Wednesday, September 8, 2021 - 5:04am | 674Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones tumbled around 270 points in the previous session. Investors are awaiting earnings results from Korn Ferry (NYSE: KFY), Lululemon Athletica Inc (NASDAQ: LULU) and GameStop Corp. (NYSE: GME) The Labor...
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5 Stocks To Watch For September 8, 2021
Wednesday, September 8, 2021 - 3:42am | 307Some of the stocks that may grab investor focus today are: Wall Street expects Korn Ferry (NYSE: KFY) to post quarterly earnings at $1.07 per share on revenue of $540.51 million before the opening bell. Korn Ferry shares rose 0.7% to $73.50 in after-hours trading. Casey's General Stores Inc (...
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Volatile Trading Week Expected Ahead Of Friday Inflation Report
Tuesday, September 7, 2021 - 9:41am | 2032The trading week is off to a sort of “delayed dog days of summer” start. Investors might want to be cautious, with a relatively quiet earnings week and a Friday inflation report as the sole “big number” on the calendar. A lack of an obvious catalyst could make for a...
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10 Biggest Price Target Changes For Friday
Friday, September 3, 2021 - 6:46am | 385Deutsche Bank raised Broadcom Inc. (NASDAQ: AVGO) price target from $525 to $560. Broadcom shares rose 0.4% to $494.08 in pre-market trading. Oppenheimer raised MongoDB, Inc. (NASDAQ: MDB) price target from $400 to $470. MongoDB shares jumped 13.4% to $456.00 in pre-market trading. JMP...
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September Outlook: The "Uncertainty Principle" Takes Effect Amid Questions Over Covid, Fed
Monday, August 30, 2021 - 2:02pm | 2144Uncertainty is far from unusual on Wall Street and is arguably one big reason we trade stocks in the first place. But the level going into September stretches uncertainty levels to a place we haven’t seen in a while. For many people, it’s just very confusing as to where to go and...
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Peloton Continues Pedaling Ahead Despite Setbacks
Friday, August 27, 2021 - 9:17am | 1129Peloton Interactive Inc (NASDAQ: PTON) is a global fitness brand synonymous with innovation that aims for the gold as it merged cutting-edge workout equipment with digital technology that pushes boundaries. But on Thursday, it reported its revenue growth in its fiscal fourth-quarter slowed...
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Lulumon Partners With Genomatica For Bio-Nylon
Wednesday, August 18, 2021 - 8:58am | 184Lulumon Athletica Inc (NASDAQ: LULU) has partnered with Genomatica, a San Diego-based biotechnology company, to bring renewably sourced, bio-based materials into its products. The move represents lululemon's first-ever equity investment in a sustainable materials company. The...
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10 Biggest Price Target Changes For Wednesday
Wednesday, August 4, 2021 - 6:45am | 390Baird boosted the price target for Lululemon Athletica Inc. (NASDAQ: LULU) from $395 to $435. Lululemon shares rose 0.2% to $408.30 in pre-market trading. Keybanc boosted the price target on NXP Semiconductors N.V. (NASDAQ: NXPI) from $235 to $245. NXP Semiconductors shares slipped 0.6% to $209....
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5 Stocks To Watch For June 4, 2021
Friday, June 4, 2021 - 3:52am | 300Some of the stocks that may grab investor focus today are: Broadcom Inc (NASDAQ: AVGO) posted better-than-expected results for its second quarter and issued strong revenue forecast for the current quarter. Broadcom shares fell 0.2% to $464.00 in the after-hours trading session. Wall Street expects...