Market Overview

7 Stocks You Should Be Watching Today

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7 Stocks You Should Be Watching Today

 

Some of the stocks that may grab investor focus today are:

  • Lululemon Athletica inc. (NASDAQ: LULU) reported in-line earnings for the second quarter, but revenue missed analysts’ estimates. The company also issued a weak earnings forecast for the current quarter. Lululemon shares dipped 9.01 percent to $69.75 in the after-hours trading session.
  • Broadcom Ltd (NASDAQ: AVGO) reported upbeat earnings for its third quarter on Thursday. Broadcom shares declined 1.61 percent to $174.24 in the after-hours trading session.
  • Smith & Wesson Holding Corp (NASDAQ: SWHC) posted better-than-expected results for the first quarter and issued a strong forecast for the current quarter. Smith & Wesson shares rose 0.57 percent to $29.75 in the after-hours trading session.

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  • Hewlett Packard Enterprise Co (NYSE: HPE) is in talks with private equity firm Thoma Bravo LLC to sell its software division for between $8 billion and $10 billion, according to sources as reported by Reuters on Thursday. Hewlett Packard Enterprise shares rose 0.09 percent to $22.18 in the after-hours trading session.
  • VeriFone Systems Inc (NYSE: PAY) reported upbeat earnings for its third quarter, but sales missed expectations. The company also lowered its guidance for 2016. VeriFone shares tumbled 15.67 percent to $16.95 in the after-hours trading session.
  • Ambarella Inc (NASDAQ: AMBA) posted stronger-than-expected results for the second quarter on Thursday. However, the company issued disappointing gross profit margin guidance for the ongoing quarter. Ambarella shares declined 2.83 percent to $69.75 in the after-hours trading session.
  • Cooper Companies Inc (NYSE: COO) reported better-than-expected earnings for the third quarter and lifted its annual outlook. The company announced the retirement of its CFO Gregory W. Matz and named Albert G. White, III as new chief financial officer. Cooper Companies dropped 2.36 percent to $181.00 in the after-hours trading session.
 

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