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Check out the latest market movements as several companies have been making headlines in midday trading. Lululemon saw a 2% decline following a downgrade by Wells Fargo to equal weight from overweight. The firm cited the completion of Lululemon’s prior positive catalysts and predicted more muted growth in 2024. On the other hand, shares of…
Midday Trading Update: Zoom Video Communications, Paramount Global, and Microsoft Make Headlines In today’s midday trading update, several companies are making headlines with significant stock movements. Zoom Video Communications saw an increase of nearly 2% ahead of its third-quarter earnings release, with analysts expecting $1.08 per share in earnings and revenue of $1.12 billion. Paramount…
Boeing, Microsoft, and PENN Entertainment are among the companies making big moves in premarket trading. Boeing saw a 1.5% increase after an upgrade from Deutsche Bank, while Microsoft added 0.5% following the announcement of former OpenAI CEO Sam Altman joining the company to head a new artificial intelligence research team. Meanwhile, PENN Entertainment saw a…
