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Lululemon gains, data supports rate cut view
S&P 500, Nasdaq hit record closing highs as Lululemon gains, fueling Fed expectations
The Dow Jones Industrial Average .DJI fell 123.19 points, or 0.28%, to 44,642.52, the S&P 500 .SPX gained 15.16 points, or 0.25%, to 6,090.27 and the Nasdaq Composite .IXIC gained 159.05 points, or 0.81%, to 19,859.77.
S&P 500, Nasdaq hit record closing highs; Lululemon gains, data supports rate cut view
The Nasdaq and the S&P 500 rose to record closing highs on Friday following upbeat forecasts from Lululemon Athletica and other companies and as U.S. jobs data fueled expectations the Federal Reserve would cut interest rates this month.
Nasdaq, S&P 500 hit record highs amid jobs data, upbeat forecasts
NEW YORK >> The Nasdaq and the S&P 500 rose to record closing highs today following upbeat forecasts from Lululemon Athletica and other companies and as U.S. jobs data fueled expectations the Federal Reserve would cut interest rates this month.
Lululemon Stock Is Soaring
Lululemon Stock Is Soaring After Earnings. Why Analysts Are Bullish.
Lululemon shares rocketed higher a day after the athletic apparel company beat third-quarter earnings estimates, and analysts have weighed in with bullish price targets.
Lululemon’s stock soars as 16 banks hike their price targets
Lululemon Athletica Inc.’s stock soared 9% early Friday, as analysts rushed to raise their price targets after better-than-expected third-quarter earnings and raised guidance eased concerns the company was losing brand relevance.
Lululemon’s Stock Has Rebounded. What to Expect From Earnings.
Investors are looking for evidence that the company’s product strategy and holiday momentum can drive a sustained recovery.
4h
on MSN
Lululemon Surges Most Since 2018 on Rebounding Performance
Lululemon Athletica Inc. edged up its full-year outlook on strong sales overseas, a sign the upscale activewear brand is ...
4h
on MSN
Why Lululemon Stock Shot Up Today
Shares of apparel company Lululemon Athletica (NASDAQ: LULU) shot up on Friday after the company provided a solid financial ...
12h
on MSN
Lululemon stock rises on profit beat as company boosts full-year outlook
Lululemon stock rose over 17% in early trading as the company also raised its full-year sales and profit forecasts for 2024.
1d
on MSN
Lululemon has a problem in the U.S., but here’s one thing that’s going its way
Lululemon Athletica Inc. late Thursday revealed a dip in quarterly same-store sales in the U.S., but overseas sales boosted ...
9h
on MSN
Lululemon Shares Surge as Holiday Demand Helps Lift Forecast, Results
Stifel was the most bullish among the 36 brokerages covering the stock and bumped up its target by $68 to $438, well above ...
20h
on MSN
Lululemon's international sales were its saving grace this quarter
The activewear brand, known for selling $100 yoga pants, reported a 33% growth in its third-quarter international revenue.
Kiplinger on MSN
9h
Lululemon Jumps to the Top of the S&P 500 After Earnings. Here's Why
Lululemon had a rough start to 2024, but shares bottomed over the summer and have been trending higher since. And Wall Street ...
9h
Lululemon stock is unlikely to find its mojo again in 2025
Lululemon reports flat US sales for its third financial quarter. Piper Sandler expects a weak 2025 for Lululemon stock.
5h
on MSN
Lululemon's results and rally draws mixed reviews from Wall Street analysts
Investors breathed a sigh and poured into shares of Lululemon ( NASDAQ: LULU) as the company’s Q3 results showed enough ...
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