HomeLifestyleMediaLULU Stock Soars & MU Shares Crash After Earnings

LULU Stock Soars & MU Shares Crash After Earnings

Lululemon (LULU) stock soars after earnings. Jenny Horne discusses this, as shares are at their highest point since December 2022.She notes that LULU's earnings were released yesterday, March 28th and adjusted EPS came in at $4.40 and revenue came in at $2.77B. 4Q same-store sales up 15%. She then goes over how Micron (MU) shares are rising despite an earnings miss. She mentions how MU's 2Q revenue came in at $3.69B versus an estimated $3.76B. MU sees its 3Q adjusted revenue of $3.7B (+/-$200M). Tune in to find out more about the stock market today.

Trading 360

29 Mar 2023

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