Today's Morning Movers and Top Ratings: NVDA, LULU, SHOP, CVNA and More
Morning Movers
Gapping up
$Robinhood(HOOD.US$ The online brokerage rose more than 3% after revealing a $200 million deal to purchase crypto exchange Bitstamp, expected to close in the first half of 2025.
$NVIDIA(NVDA.US$ The artificial intelligence company traded 1.8% higher, building on momentum from a previous rally with Goldman Sachs maintaining its buy rating.
$Lululemon Athletica(LULU.US$ The athleisure retailer jumped 8.6% after its first-quarter results surpassed analyst expectations.
$Smartsheet(SMAR.US$ The workplace technology platform rallied 14% following a stronger-than-expected first-quarter report.
$Sealed Air(SEE.US$ The packaging solutions stock added 3% after an upgrade to buy from Mizuho.
$StoneCo(STNE.US$ The financial technology stock rose 2.6% following an upgrade to overweight by JPMorgan.
$eBay(EBAY.US$ Shares added 1% after being upgraded to buy at Citi.
$C.H. Robinson Worldwide(CHRW.US$ The logistics stock traded higher by 1.2% after an upgrade to neutral from UBS.
$Rubrik(RBRK.US$ The data management stock climbed 2.9% following an upgrade to outperform by BMO Capital Markets.
$Carvana(CVNA.US$ Shares increased 3.6% after Evercore ISI added the company to its tactical outperform list.
Gapping down
$Five Below(FIVE.US$ The discount retailer slid 15.8% on soft current-quarter revenue guidance, expecting between $830 million and $850 million compared to analysts' forecast of $883 million.
$Sprinklr(CXM.US$ The business technology stock dove 21.1% after weak guidance for the current quarter and full year, cutting its expected revenue range to between $779 million and $781 million, below the consensus forecast.
$Shopify(SHOP.US$ The e-commerce technology stock slipped 1.6% on a MoffettNathanson downgrade to neutral, expecting several "unfavorable" revisions to sales and marketing intensity.
$Fluence Energy(FLNC.US$ Shares ticked 1.6% down after a Guggenheim downgrade to neutral, stating shares are now "fairly valued" after a recent run-up.
Source: CNBC; Investing.com
US Top Rating Updates on 06/06
![Today's Morning Movers and Top Ratings: NVDA, LULU, SHOP, CVNA and More](https://ussnsimg.moomoo.com/sns_client_feed/77777018/20240606/691dcb55230a4458863afbdd170ff220.jpg?area=100&is_public=true)
Source: Dow Jones
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ChengHoe : nice
Paul Anthony Chin : from the god give some touch up forever until the world to see enjoying the best with this tq Sir