These are the stocks posting the largest moves before the bell.
has cut its stake in the drug distributor, selling $1 billion in AmerisourceBergen shares. The move cuts Walgreens' stake to about 17% from 20% and will give Walgreens funds to pay down debt and fund strategic priorities. Walgreens remains AmerisourceBergen's largest shareholder. AmerisourceBergen fell 2.6% in the premarket. – Bath & Body Works shares jumped 4.
9% in the premarket following news that Daniel Loeb's Third Point has a more than 6% stake in the personal care products retailer. An SEC filing also revealed that Third Point is pushing the company to appoint new board members. – The company formerly known as Restoration Hardware beat top and bottom line estimates in its latest quarterly report. But the luxury lifestyle retailer also said its business would continue to deteriorate because of accelerating weakness in the housing market.
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Broadcom refuses to provide full-year outlook, cites limited visibility as it 'scrubs' backlogBroadcom gave Wall Street analysts quarterly earnings and an outlook that topped consensus estimates, hiked its dividend yet analysts kept asking for more of...
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Lululemon shares fall after company offers weak fourth quarter guidanceLululemon reported sales and profit that topped estimates, but the company offered softer guidance than expected for the fourth quarter.
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Lululemon stock drops 10% after mixed quarterly results, soaring inventoriesLululemon Athletica Inc. stock fell more than 10% in the extended session Thursday after the athleisure-wear maker reported mixed quarterly results and saw...
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Lululemon stock drops after retailer reports mixed quarterly results, high inventoriesLululemon Athletica Inc. stock fell in the extended session Thursday after the athleisure-wear maker reported mixed quarterly results, saw inventories soar,...
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Lululemon sees downbeat quarter as inflation-hit consumers turn cautiousLululemon Athletica Inc on Thursday forecast holiday-quarter revenue and profit largely below analysts' estimates, as shoppers turn cautious about spending on higher-priced clothing amid decades-high inflation, sending its shares down 6%.
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Inflation report, Lululemon falls, DocuSign jumps and more: Friday's 5 things to knowTraders will be concentrating on key economic reports including the latest on inflation and consumer sentiment.
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