On this episode of Stock Movers:
- Lululemon (LULU) shares fell to their lowest level in eight years after the company cut its annual forecast due to deteriorating performance in North America. The company now sees revenue in a range of $11 billion to $11.15 billion for the fiscal year, below the average of estimates compiled by Bloomberg.
- Docusign (DOCU) shares fall after the company forecast revenue for the second quarter of $865 million to $869 million, near an estimate of $866 million. Analysts notes that its still a wait-and-see story as the company ramps Intelligent Agreement Management (IAM), its AI-powered platform for contracts. 
- Coinbase (COIN) shares drop after Baird names the crypto exchange a new bearish pick due to weak trading volumes. Analyst David Koning sees lower trading volumes and the US crypto market legislation likely not passing until after mid-term elections weighing on Coinbase’s valuation.

On this episode of Stock Movers: - Lululemon (LULU) shares fell to their lowest level in eight years after the company cut its annual forecast due to deteriorating performance in North America. The company now sees revenue in a range of $11 billion to $11.15 billion for the fiscal year, below the average of estimates compiled by Bloomberg. - Docusign (DOCU) shares fall after the company forecast revenue for the second quarter of $865 million to $869 million, near an estimate of $866 million. Analysts notes that its still a wait-and-see story as the company ramps Intelligent Agreement Management (IAM), its AI-powered platform for contracts. - Coinbase (COIN) shares drop after Baird names the crypto exchange a new bearish pick due to weak trading volumes. Analyst David Koning sees lower trading volumes and the US crypto market legislation likely not passing until after mid-term elections weighing on Coinbase&rsquo;s valuation.

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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, Docusign Falls, and Coinbase Sinks as Baird Names New Bearish Pick on Crypto Volumes

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