Top Stock Movers Now: Lululemon, Peloton, Docusign, and More | Global News Avenue

Top Stock Movers Now: Lululemon, Peloton, Docusign, and More

Main points

• U.S. stocks mostly posted record performance this week on the back of a better-than-expected November jobs report.
• Lululemon Athletica reported better-than-expected results and raised guidance on strong holiday sales.
• Smith & Wesson warned that inflation is causing consumers to buy fewer guns.

U.S. stocks mostly rose to record highs in midday trading after the Labor Department reported better-than-expected job creation in November. this S&P 500 Index and Nasdaq obtained, at the same time Dow Jones Industrial Average ticking.

lululemon sport (Lulu) was the best-performing stock on the S&P 500 when the sportswear maker reported better-than-expected results and raised upbeat forecasts for the key holiday shopping season.

Docusign shares (Document library) shares soared after the electronic document signing software provider also reported better-than-expected results and raised its outlook as billings and subscriptions soared.

Peloton Interactive (PutonShares of the fitness equipment and services company got a boost after UBS upgraded the stock and raised its price target, saying the fitness equipment and services company will benefit from cost-cutting measures and a CEO change.

UnitedHealth Group (united nations institutes of health) shares fell for a second straight session amid concerns that the murder of UnitedHealthcare CEO Brian Thompson on Wednesday may be related to the insurance company’s underwriting policies.

Smith & Wesson stock (SWBIThe gunmaker was in trouble when it warned that inflation was reducing gun sales and denting its prospects.

Stocks of companies in the oil sector, including Chevron (CVX) and Halliburton (Hal), falling along with crude prices on expectations of an oil glut.

Gold prices rise. The 10-year Treasury yield was little changed. The dollar rose against the euro and pound but fell against the yen. Bitcoin rose 2% to around $99,000.