Stock Movers

On this episode of Stock Movers:
- Lululemon (LULU) shares drop. Lululemon Athletica Inc. lowered its full-year outlook for a second straight quarter, with sales now projected to be in a range of $10.35 billion to $10.5 billion. The company reported its first decline in comparable sales since the pandemic and trimmed its outlook for earnings per share, with shares of Lululemon tumbling 19.5% in New York.
- Adobe (ADBE) shares fall. The software maker announced that Anil Chakravarthy will become president and chief executive officer, effective Dec. 1, succeeding Shantanu Narayen. The selection of Chakravarthy comes as Adobe faces increasing questions about whether it will be toppled from its post in the age of AI, with generative AI making it easier to produce visual media without Adobe’s expensive products. The move comes ahead of the release of Adobe’s third-quarter results next week.
- Equifax (EFX) drops after Federal Housing Finance Agency Director Bill Pulte criticized the costs of consumer credit scores. Pulte said the government is considering "bi-merge, and stronger solutions" and instructed mortgage-finance giants to "approve all lenders to use VantageScore", a rival to FICO.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Tesla (TSLA) shares drop. Tesla rolled out its Cybercab for robotaxi service, advancing Elon Musk’s futuristic vision while drawing fresh scrutiny from US auto regulators. The US National Highway Traffic Safety Administration opened a probe into the process and technical data on which Tesla relied when it self-certified the vehicles as compliant with federal safety standards.
- Robinhood (HOOD) shares fall. AMC Entertainment Holdings Inc. boss Adam Aron criticized Robinhood Markets Inc. after the platform launched a tokenized version of the theater chain’s shares. Aron called the product “contemptible” and “outrageous”, claiming it could confuse investors about what they own, strip them of voting rights and limit firms’ fundraising capabilities.
- FICO (FICO) shares plunge. Shares of Fair Isaac Corp., Equifax Inc. and TransUnion fell after Federal Housing Finance Agency Director Bill Pulte criticized the costs of consumer credit scores. Pulte said the government is considering "bi-merge, and stronger solutions" and instructed mortgage-finance giants to "approve all lenders to use VantageScore", a rival to FICO.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Lululemon (LULU) shares are diving as its China business is showing signs of strain, with revenue in mainland China falling 2% in the second quarter after adjusting for currency fluctuations.
- Tesla (TSLA) shares are lower on news it formally rolled out the Cybercab for robotaxi service, a long-anticipated step in Elon Musk’s effort to push the company away from its roots as an auto manufacturer. The US National Highway Traffic Safety Administration opened a probe into the process and technical data on which Tesla relied when it self-certified the vehicles as compliant with federal safety standards.
- Robinhood (HOOD) is down as AMC Entertainment boss Adam Aron criticized Robinhood Markets Inc. after the platform launched a tokenized version of the theater chain’s shares.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Lululemon (LULU) shares are diving as its China business is showing signs of strain, with revenue in mainland China falling 2% in the second quarter after adjusting for currency fluctuations.
- Adobe (ADBE) is lower after it named Anil Chakravarthy as its next chief executive officer, with Chakravarthy moving into the post on Dec. 1. The selection of Chakravarthy comes as Adobe faces increasing questions about whether it will be toppled from its post in the age of AI, with generative AI making it easier to produce visual media without Adobe’s expensive products.
- Samsara (IOT) is climbing as it boosted its total revenue guidance for the full year; the guidance beat the average analyst estimate.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Volkswagen shares gain as much as 9.7%, the biggest intraday move since March 2023, after the carmaker’s supervisory board backed a sweeping restructuring that includes 50,000 additional job cuts. Analysts say the plan is necessary for the company to remain competitive, while cautioning that execution will be key.
- Vodafone gains as much as 2.3% after Goldman Sachs upgraded its view on the company to buy from sell in a wider review of the European digital infrastructure and telecoms sector. It also cuts Cellnex Telecom to sell from neutral, knocking the stock as much as 2.3% lower.
- UniCredit said Chief Executive Officer Andrea Orcel held talks about Commerzbank with a regional government leader in Germany, as the Italian lender moves closer to taking control of the rival. Shares fall as much as 2%.
See omnystudio.com/listener for privacy information.