Breakout

Lululemon soaring; Citigroup getting chopped; investors hitting reset on GameStop

Breakout

Making the list today as measured by your Yahoo Finance ticker searches are:

Lululemon (LULU): The yoga wear maker soaring, up nearly 8% so far today, after an earnings beat. In his debut earnings report as CEO Laurent Potdevon lowered estimates but vowed to focus on restoring LuLu's commitment to quality product. Investors are delighted at the idea of putting last year's sheer pant debacle behind them. Namaste.

Citigroup (C): Shares are sliding 5% today after the bank failed the Fed's latest stress test. The rejection comes a month after Citi uncovered fraud in its Mexican bank. CEO Michael Corbat said he was "disappointed" in the Fed's decision. Obviously Wall Street is as well.

GameStop (GME): The video game retailer is getting unplugged after missing 4th quarter estimates on the top and bottom line. GameStop also lowered estimates for the current quarter. Apps, downloads and Walmart's used game program are proving to be a tough Boss Level for GameStop shareholders.

More from Breakout:

Traders get chopped as march goes out like a lamb

Buckle up, it's going to be a bumpy market: Fahmy

Netflix rebounds after brutal stretch; Five Below surging, King Digital gets 'crushed'

View Comments (4)