2 Big-Name Stocks Making Monday Morning Moves
The stock market took investors on a roller-coaster ride last week, with losses on Thursday and Friday taking away much of the ground major market benchmarks had regained early in the week. However, market participants generally seem as though they want to believe in the staying power of consumers and the broader economy. stock index futures were up Monday morning as much as half a percent.
A couple of big-name stocks made it into the spotlight, although the news behind the moves was mixed. Lululemon Athletica (NASDAQ: LULU) got a nice boost to its share price as it earned a highly prestigious accolade in the investing community. However, Pfizer (NYSE: PFE) shares moved lower on a company warning about what the future will bring. Below, you'll see all the details you need to know.
Shares of Lululemon Athletica were higher by about 6% in premarket trading Monday morning. The move came as the yoga and athletic apparel pioneer got an invitation to join the S 500 index.
Source Fool.com
Lululemon Athletica Inc. Stock
Our community is currently high on Lululemon Athletica Inc. with 92 Buy predictions and 12 Sell predictions.
As a result the target price of 432 € shows a very positive potential of 63.14% compared to the current price of 264.8 € for Lululemon Athletica Inc..