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Broadcom, Lululemon Athletica And More: U.S. Stocks To Watch

Benzinga2022-09-02

With US stock futures trading slightly higher this morning on Friday, some of the stocks that may grab investor focus today are as follows:

  • Lululemon Athletica Inc. (NASDAQ:LULU) reported better-than-expected results for its second quarter and boosted its annual projections. Lululemon shares jumped 9.7% to $323.14 in premarket trading Friday.
  • Broadcom Inc. (NASDAQ:AVGO) reported upbeat results for its third quarter and issued strong sales forecast for the current quarter. Broadcom shares gained 2% to $502.00 in premarket trading Friday.
  • PagerDuty Inc (NYSE:PD) reported stronger-than-expected financial results for its second quarter and increased its guidance for the year. PagerDuty shares climbed 8.7% to $26.20 in after-hours trading Thursday.
  • SPX Technologies, Inc. (NYSE:SPXC) reported the resignation of Jamie Harris, Chief Financial Officer and Treasurer, effective September 23, 2022. SPX Technologies shares slipped 0.1% to $57.28 in the after-hours trading Thursday.
  • Oxford Industries, Inc. (NYSE:OXM) reported a rise in earnings per share for the second quarter, while sales missed analysts’ estimates. The company also raised its full-year earnings and sales guidance. Oxford Industries shares fell 4.8% to $97.49 in after-hours trading Thursday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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