On this episode of Stock Movers:

- Lululemon (LULU) shares drop. Lululemon Athletica Inc. lowered its full-year outlook for a second straight quarter, with sales now projected to be in a range of $10.35 billion to $10.5 billion. The company reported its first decline in comparable sales since the pandemic and trimmed its outlook for earnings per share, with shares of Lululemon tumbling 19.5% in New York.

- Adobe (ADBE) shares fall. The software maker announced that Anil Chakravarthy will become president and chief executive officer, effective Dec. 1, succeeding Shantanu Narayen. The selection of Chakravarthy comes as Adobe faces increasing questions about whether it will be toppled from its post in the age of AI, with generative AI making it easier to produce visual media without Adobe’s expensive products. The move comes ahead of the release of Adobe’s third-quarter results next week.

- Equifax (EFX) drops after Federal Housing Finance Agency Director Bill Pulte criticized the costs of consumer credit scores. Pulte said the government is considering "bi-merge, and stronger solutions" and instructed mortgage-finance giants to "approve all lenders to use VantageScore", a rival to FICO.

On this episode of Stock Movers:
- Lululemon (LULU) shares drop. Lululemon Athletica Inc. lowered its full-year outlook for a second straight quarter, with sales now projected to be in a range of $10.35 billion to $10.5 billion. The company reported its first decline in comparable sales since the pandemic and trimmed its outlook for earnings per share, with shares of Lululemon tumbling 19.5% in New York.
- Adobe (ADBE) shares fall. The software maker announced that Anil Chakravarthy will become president and chief executive officer, effective Dec. 1, succeeding Shantanu Narayen. The selection of Chakravarthy comes as Adobe faces increasing questions about whether it will be toppled from its post in the age of AI, with generative AI making it easier to produce visual media without Adobe&rsquo;s expensive products. The move comes ahead of the release of Adobe&rsquo;s third-quarter results next week.
- Equifax (EFX) drops after Federal Housing Finance Agency Director Bill Pulte criticized the costs of consumer credit scores. Pulte said the government is considering "bi-merge, and stronger solutions" and instructed mortgage-finance giants to "approve all lenders to use VantageScore", a rival to FICO.

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Listen for five-minute conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

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

Stock Movers

Lululemon Drops, Adobe Falls, Equifax Lower After Pulte Criticism

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