U.S. markets closed

Company News for Jan 14, 2020

Zacks Equity Research
  • Lululemon Athletica Inc.’s LULU shares climbed 4.4% after raising its fourth-quarter 2019 adjusted earnings per share guidance to the range of $2.22 to $2.25 from the range of $2.10 to $2.13 given earlier.
  • Woodward Inc. WWD surged 4.8% after the company decided for an all-stock merger with aerospace supplier Hexcel Corp. HXL.  
  • Shares of Tesla Inc. TSLA jumped 9.8% following the news thatChina is unlikely to significantly cut subsidies for new energy vehicles in 2020.
  • Five Below Inc. FIVE plunged 11.4% after the company warned of a fourth-quarter 2019 profit and sales shortfall.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Hexcel Corporation (HXL) : Free Stock Analysis Report
Tesla, Inc. (TSLA) : Free Stock Analysis Report
Woodward, Inc. (WWD) : Free Stock Analysis Report
lululemon athletica inc. (LULU) : Free Stock Analysis Report
Five Below, Inc. (FIVE) : Free Stock Analysis Report
To read this article on Zacks.com click here.