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Lululemon Athletica
LULU shares climbed 9.87% to $51.31. The volume of Lululemon shares traded was 934% higher than normal. Lululemon reported better-than-expected fiscal third-quarter earnings. However, the company issued a weak forecast.
Staples
SPLS surged 8.61% to $16.09. The volume of Staples shares traded 820% higher than normal. Staples shares gained on confirmation of stake by Starboard Value.
Restoration Hardware Holdings
RH shares rose 12.39% to $96.86. The volume of Restoration Hardware shares traded was 779% higher than normal. Restoration Hardware reported upbeat quarterly earnings.
The Advisory Board Company
ABCO shares moved up 9.40% to $41.31. The volume of Advisory Board Company traded was 709% higher than normal. Advisory Board announced its plans to acquire Royall & Company for $850 million. Analysts at Stifel Nicolaus upgraded Advisory Board Company from Hold to Buy.
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