On this episode of Stock Movers:
- Canada Goose (GOOS) shares rose after it was reported by CNBC that the company’s controlling shareholder is said to have received take-private bids valuing the company at $1.35 billion.
- American Eagle (AEO) shares jumped after the company announced a new partnership with Travis Kelce, an NFL star newly engaged to singer superstar Taylor Swift. The retailer is set to report its second quarter earnings next week
- Kohl's (KSS) shares surge after after the company offered a more optimistic full-year sales outlook, now expecting comparable sales to fall no more than 5% this year. Kohl’s latest results suggest that recent moves, are helping win back consumers, with the company's initiatives "beginning to resonate with our customers".

On this episode of Stock Movers: - Canada Goose (GOOS) shares rose after it was reported by CNBC that the company&rsquo;s controlling shareholder is said to have received take-private bids valuing the company at $1.35 billion. - American Eagle (AEO) shares jumped after the company announced a new partnership with Travis Kelce, an NFL star newly engaged to singer superstar Taylor Swift. The retailer is set to report its second quarter earnings next week - Kohl's (KSS) shares surge after after the company offered a more optimistic full-year sales outlook, now expecting comparable sales to fall no more than 5% this year. Kohl&rsquo;s latest results suggest that recent moves, are helping win back consumers, with the company's initiatives "beginning to resonate with our customers".

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Canada Goose Rises, American Eagle Jumps, Kohl's Higher On Better Than Expected Earnings

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/370740b3-44f8-465f-abe5-b34600eb29e9/transcript

- SoftBank Group Corp. agreed to acquire DigitalBridge Group Inc. (DBRG) in a deal valuing the data center investor at $4 billion including debt. That caused shares of DigitalBridge to soar. The Japanese conglomerate will pay $16 per share in cash for New York-listed DigitalBridge as part of its push to invest in digital infrastructure. The transaction is expected to close in the second half of 2026, pending regulatory approvals, and will bring to SoftBank relationships with more investors keen to deploy money in the data center industry.

-Nvidia (NVDA) shares were down 1.6% at $187.45 in early trading due to broader jitters about the technology sector and its agreement to license technology from Groq. The deal valued Groq at around $20 billion and will involve Nvidia hiring many of Groq's key employees, according to reports. Tesla (TSLA) also drops. 

- Lululemon (LULU) founder and major shareholder Chip Wilson has nominated three new board directors to oversee the appointment of a new chief executive at the struggling activewear maker, which has also been targeted by activist investor Elliott Management.

- SoftBank Group Corp. agreed to acquire DigitalBridge Group Inc. (DBRG) in a deal valuing the data center investor at $4 billion including debt. That caused shares of DigitalBridge to soar. The Japanese conglomerate will pay $16 per share in cash for New York-listed DigitalBridge as part of its push to invest in digital infrastructure. The transaction is expected to close in the second half of 2026, pending regulatory approvals, and will bring to SoftBank relationships with more investors keen to deploy money in the data center industry. -Nvidia (NVDA) shares were down 1.6% at $187.45 in early trading due to broader jitters about the technology sector and its agreement to license technology from Groq. The deal valued Groq at around $20 billion and will involve Nvidia hiring many of Groq's key employees, according to reports. Tesla (TSLA) also drops.&nbsp; - Lululemon (LULU) founder and major shareholder Chip Wilson has nominated three new board directors to oversee the appointment of a new chief executive at the struggling activewear maker, which has also been targeted by activist investor Elliott Management.

DigitalBridge Surges on Softbank Talks, Tech Stocks Slip, Lululemon Edges Higher

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8ec27b58-5645-49ba-a59e-b3c2013fa290/transcript

On this episode of Stock Movers:
- Nvidia (NVDA) shares were down 1.6% at $187.45 in early trading due to broader jitters about the technology sector and its agreement to license technology from Groq. The deal valued Groq at around $20 billion and will involve Nvidia hiring many of Groq's key employees, according to reports.

- SoftBank Group Corp. agreed to acquire DigitalBridge Group Inc. (DBRG) in a deal valuing the data center investor at $4 billion including debt. That caused shares of DigitalBridge to soar. The Japanese conglomerate will pay $16 per share in cash for New York-listed DigitalBridge as part of its push to invest in digital infrastructure. The transaction is expected to close in the second half of 2026, pending regulatory approvals, and will bring to SoftBank relationships with more investors keen to deploy money in the data center industry.

- Lululemon (LULU) founder and major shareholder Chip Wilson has nominated three new board directors to oversee the appointment of a new chief executive at the struggling activewear maker, which has also been targeted by activist investor Elliott Management.

On this episode of Stock Movers: - Nvidia (NVDA) shares were down 1.6% at $187.45 in early trading due to broader jitters about the technology sector and its agreement to license technology from Groq. The deal valued Groq at around $20 billion and will involve Nvidia hiring many of Groq's key employees, according to reports. - SoftBank Group Corp. agreed to acquire DigitalBridge Group Inc. (DBRG) in a deal valuing the data center investor at $4 billion including debt. That caused shares of DigitalBridge to soar. The Japanese conglomerate will pay $16 per share in cash for New York-listed DigitalBridge as part of its push to invest in digital infrastructure. The transaction is expected to close in the second half of 2026, pending regulatory approvals, and will bring to SoftBank relationships with more investors keen to deploy money in the data center industry. - Lululemon (LULU) founder and major shareholder Chip Wilson has nominated three new board directors to oversee the appointment of a new chief executive at the struggling activewear maker, which has also been targeted by activist investor Elliott Management.

Nvidia Slips,  DigitalBridge Surges, Lululemon Up

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a02fa15b-225f-4778-a4f5-b3c201277d46/transcript

On this episode of Stock Movers:

- Novo Nordisk (NVO) cut the price of its obesity drug Wegovy in China as the Danish drugmaker gears up for a potential flood of copycats. The reduction will “help alleviate the treatment burden for patients and improve their quality of life,” a spokesperson said by email. The list prices for the two highest dosages of Wegovy were cut by half in some Chinese provinces, local media Yicai reported on Monday, citing drug-procurement documents for southwestern Chinese provinces Yunnan and Sichuan. Shares of Novo Nordisk slipped.

- Praxis Precision (PRAX) rose after getting breakthrough therapy designation by FDA for its medication ulixacaltamide, which treats patients with essential tremor. 

- Lululemon (LULU) founder Chip Wilson is pushing for changes to the board before the yogawear company selects a new chief executive officer. Wilson, one of Lululemon’s largest shareholders, nominated three director candidates for election at the 2026 annual meeting: former On Holding co-CEO Marc Maurer, former ESPN Chief Marketing Officer Laura Gentile and former Activision CEO Eric Hirshberg. Lululemon is unlikely to reach its goal to double sales to $12.5 billion in 2026 even with a lead over its activewear peers, according to a note from Poonam Goyal, senior analyst at Bloomberg Intelligence.

On this episode of Stock Movers: - Novo Nordisk (NVO) cut the price of its obesity drug Wegovy in China as the Danish drugmaker gears up for a potential flood of copycats. The reduction will &ldquo;help alleviate the treatment burden for patients and improve their quality of life,&rdquo; a spokesperson said by email. The list prices for the two highest dosages of Wegovy were cut by half in some Chinese provinces, local media Yicai reported on Monday, citing drug-procurement documents for southwestern Chinese provinces Yunnan and Sichuan. Shares of Novo Nordisk slipped. - Praxis Precision (PRAX) rose after getting breakthrough therapy designation by FDA for its medication ulixacaltamide, which treats patients with essential tremor. - Lululemon (LULU) founder Chip Wilson is pushing for changes to the board before the yogawear company selects a new chief executive officer. Wilson, one of Lululemon&rsquo;s largest shareholders, nominated three director candidates for election at the 2026 annual meeting: former On Holding co-CEO Marc Maurer, former ESPN Chief Marketing Officer Laura Gentile and former Activision CEO Eric Hirshberg. Lululemon is unlikely to reach its goal to double sales to $12.5 billion in 2026 even with a lead over its activewear peers, according to a note from Poonam Goyal, senior analyst at Bloomberg Intelligence.

Novo Nordisk Falls, Praxis Precision Rallies, Lululemon Rises

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4ece5594-901b-433c-ab75-b3c20119b2c8/transcript

Canada Goose Rises, American Eagle Jumps, Kohl's Higher On Better Than Expected Earnings

In 1 playlist(s)

Stock Movers

Social links

Follow podcast

Recent clips