Lululemon (NASDAQ:LULU) stock has fallen 4.9% as of 11:41 AM ET today. The company reported strong earnings for the fourth quarter of fiscal 2019 on March 26.
For 2020, Shopify expects its revenue to grow from $2.13 billion–$2.16 billion. Analysts expect revenue growth of 36.2% YoY to $2.2 billion in 2020.
The Dow Jones Index has recovered sharply over the last three days. The Index has risen more than 20%—the highest three-day returns since 1931.
Micron stock has risen around 6% in the pre-market trading session today. The company recorded better-than-expected second-quarter earnings.
Berkshire Hathaway is Kraft Heinz’s (NASDAQ:KHC) biggest shareholder. Chairman Warren Buffett admitted to a mistake in Kraft Heinz.
US stock markets have closed with gains for two consecutive days. However, the Dow Jones Index and the S&P 500 are still in the bear market territory.
Nike (NYSE:NKE) stock rose 9.9% in the after-market trading hours on March 24. The stock has risen 7.0% as of 9:47 AM ET today.
Micron (NASDAQ:MU) stock is soaring before its earnings results for the second quarter of fiscal 2020. The stock has risen despite stock market volatility.
Bill Ackman, the founder of Pershing Square Capital Management, is "very bullish." He's focusing on “companies with strong balance sheets.”