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Stocks making the biggest moves premarket: Lululemon, Paychex, Micron Technology and more

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Major retailers were in the red on Wednesday morning after UBS downgraded the stocks to sell from neutral.

to sell from neutral, saying it sees at least 23% downside to its price targets for each of the companies as a slowdown in consumer spending curbs the industry's earnings prospects. Shares of Urban Outfitters and Ross were down 2.3%, Burlington by 2.6% and Foot Locker was down 1.9% before the bell.— Shares of the home care and fragrances retailer fell more than 2% after a UBS downgrade, saying it expects a recessionary environment to weigh on the stock this year and next.

"— The semiconductor manufacturer added 2.6% after falling 1% Tuesday. Micron fiscal second quarter results missed analyst expectations on both the top and bottom lines, according to Refinitiv consensus estimates. Micron lost $1.91 per share, larger than the loss of 86 cents per share expected, while revenue came in at $3.69 billion vs a $3.71 billion consensus estimate.

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I only like 4 quarter March for this reason new stocks alert weeeee

日本 最新ニュース, 日本 見出し

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