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Lululemon Sinks, ServieNow Plunges on Reporting Sales Slowed by Mideast War
Published 1 week, 2 days ago
Description
On this episode of Stock Movers:
Lululemon (LULU) shares fell the most in more than seven months after naming a Nike veteran as chief executive officer, underscoring investor skepticism that the yogawear brand can recapture the growth of past years.
ServiceNow (NOW) shares plunged after the company reported results that disappointed investors and said some sales deals have been delayed by the war in the Middle East.
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