Lululemon Drops, Docusign Falls, and Coinbase Sinks as Baird Names New Bearish Pick on Crypto Volumes

Lululemon Drops, Docusign Falls, and Coinbase Sinks as Baird Names New Bearish Pick on Crypto Volumes

On this episode of Stock Movers:
- Lululemon (LULU) shares fell to their lowest level in eight years after the company cut its annual forecast due to deteriorating performance in North America. The company now sees revenue in a range of $11 billion to $11.15 billion for the fiscal year, below the average of estimates compiled by Bloomberg.
- Docusign (DOCU) shares fall after the company forecast revenue for the second quarter of $865 million to $869 million, near an estimate of $866 million. Analysts notes that its still a wait-and-see story as the company ramps Intelligent Agreement Management (IAM), its AI-powered platform for contracts.
- Coinbase (COIN) shares drop after Baird names the crypto exchange a new bearish pick due to weak trading volumes. Analyst David Koning sees lower trading volumes and the US crypto market legislation likely not passing until after mid-term elections weighing on Coinbase’s valuation.

See omnystudio.com/listener for privacy information.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(2352)

Lululemon Sinks, Chipotle Mexican Grill Rises, Cooper Gains on 2Q Profit Beat

Lululemon Sinks, Chipotle Mexican Grill Rises, Cooper Gains on 2Q Profit Beat

On this episode of Stock Movers:-Lululemon (LULU) shares fell to their lowest level in eight years after the company cut its annual forecast due to deteriorating performance in North America. The comp...

5 Jun 3min

Lululemon and DocuSign Drop; Coinbase Follows Bitcoin Lower

Lululemon and DocuSign Drop; Coinbase Follows Bitcoin Lower

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Lululemon (LULU) shares are lower after it lowered its annual forecast due to deteriorating performance in Nort...

5 Jun 4min

Lululemon Lowers Forecast; DocuSign Reports; Merlin Jumps

Lululemon Lowers Forecast; DocuSign Reports; Merlin Jumps

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Lululemon (LULU) shares are lower after it lowered its annual forecast due to deteriorating performance in Nort...

5 Jun 4min

Evoke Surges, ASML Dips, Infineon Falls

Evoke Surges, ASML Dips, Infineon Falls

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Bally’s Intralot has reached an agreement to buy Evoke, the companies announce in a statement.- Technology stoc...

5 Jun 4min

Evoke's Deal, ASML Slips, Raspberry Pi Soars

Evoke's Deal, ASML Slips, Raspberry Pi Soars

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Bally’s Intralot has reached an agreement to buy Evoke, the companies announce in a statement.- Technology stoc...

5 Jun 4min

Broadcom Slides on Disappointing AI Outlook, CrowdStrike Falls, Petco Drops

Broadcom Slides on Disappointing AI Outlook, CrowdStrike Falls, Petco Drops

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Broadcom (AVGO) shares plunged by the most in more than 16 months after the company’s forecast for sales of i...

4 Jun 4min

Broadcom Drops, CrowdStrike Falls, Five Below Tumbles After Beat as Retailer Frets Over Consumer

Broadcom Drops, CrowdStrike Falls, Five Below Tumbles After Beat as Retailer Frets Over Consumer

On this episode of Stock Movers:- Broadcom (AVGO) shares fall after the chipmaker gave an outlook that was seen as underwhelming given the industry’s AI-related demand.- CrowdStrike (CRWD) shares fall...

4 Jun 3min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
popradet
forklart
stopp-verden
fotballpodden-2
det-store-bildet
nokon-ma-ga
lydartikler-fra-aftenposten
rss-gukild-johaug
rss-espen-lee-usensurert
hanna-de-heldige
rss-ness
dine-penger-pengeradet
aftenbla-bla
rss-penger-polser-og-politikk
frokostshowet-pa-p5
liverpoolno-pausepraten
chit-chat-med-helle