Comment on Lululemon and American Outdoor rise; Ambarella drops

Lululemon and American Outdoor rise; Ambarella drops

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: American Outdoor Brands Corp., up $4.26 to $14.03 The gun, camping and hunting gear maker said sales improved and it cut costs. Lululemon Athletica Inc., up $17.93 to $154.93 The yoga pants maker raised its annual forecasts after a strong second quarter. Ambarella Inc., down $1.44 to $38.31 The video compression chip maker forecast weaker-than-expected revenue in the current quarter. Big Lots Inc., down $4.81 to $43.05 The discount retailer's profit and sales both fell short of Wall Street expectations. Cooper Cos., down $7.91 to $255.78 Investors were disappointed with the contact lens and surgical products maker's quarterly forecasts. Ulta Beauty Inc., up $15.59 to $260 The beauty products company announced a partnership with Kylie Cosmetics. Integrated Device Technology Inc., up 5 cents to $5.29 Nikkei reported that Japanese chipmaker Renesas Electronics is in talks to buy the company. Lam Research Corp., up 62 cents to $173.09 Technology companies made bigger gains than the rest of the S&P 500 Friday. Read more on NewsOK.com

 

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