Zynga, Lululemon, Virgin Orbit, Tilray: What to Watch When the Stock Market Opens Today

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Here’s what we’re watching ahead of Monday’s opening bell

Lululemon Athletica shares slid 7% premarket after the maker of yoga gear said fourth-quarter sales and profit will come in at the low end of its guidance ranges amid staffing challenges presented by the Omicron variant.Nasdaq debutR1 RCM said Monday it is buying Cloudmed, a software company for healthcare providers, from New Mountain Capital in an all-stock transaction. R1 RCM shares added 3.5% premarket in low-volume trading.

JPMorgan Chase , Citigroup and Wells Fargo were all inching higher premarket. The banks will kickoff earnings season when they report results at the end of the week.Intel nudged down 0.2% ahead of the bell.

 

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