On this episode of Stock Movers:
- Target (TGT) shares slump after the company named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales.
- Lowe's (LOW) shares jump after the company agreed to buy Foundation Building Materials for about $8.8 billion in cash to serve more professional customers. Foundation Building has a network of over 370 locations in the US and Canada and had about $6.5 billion in sales last year.
- Popmart (POPMF) shares rise after news that the Chinese toymaker known for Labubu dolls is planning to launch a new mini Labubu. The craze has fueled a 204% increase in year-on-year revenue in the first half of 2025.

On this episode of Stock Movers: - Target (TGT) shares slump after the company named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales. - Lowe's (LOW) shares jump after the company agreed to buy Foundation Building Materials for about $8.8 billion in cash to serve more professional customers. Foundation Building has a network of over 370 locations in the US and Canada and had about $6.5 billion in sales last year. - Popmart (POPMF) shares rise after news that the Chinese toymaker known for Labubu dolls is planning to launch a new mini Labubu. The craze has fueled a 204% increase in year-on-year revenue in the first half of 2025.

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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.

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Stock Movers

Target Slumps, Lowe's Jumps, Popmart Rises on Labubu News

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/327fbf7e-d65e-4f6e-a209-b33f00edc34e/transcript

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