Dell, Lululemon And 3 Stocks To Watch Heading Into Friday
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Dell Technologies shares rise after a strong earnings report
Dell Technologies Inc. shares rose in premarket trading Friday, after the company reported strong fiscal fourth-quarter results.
The company reported revenue of $26.1 billion, up 9% year over year, and earnings per share of $2.28, up 35% year over year.
Dell's results were driven by strong demand for its PCs and servers, as well as its cloud computing services.
Lululemon shares fall after a disappointing earnings report
Lululemon Athletica Inc shares fell in the extended session Thursday, after the company reported disappointing fiscal fourth-quarter results.The company reported revenue of $2.1 billion, up 26% year over year, but earnings per share of $4.22, which missed analysts’ estimates of $4.28.
Lululemon’s results were hurt by supply chain disruptions and rising costs.
3 other stocks to watch heading into Friday
Here are three other stocks to watch heading into Friday:
- Advanced Micro Devices, Inc. (AMD): The company is scheduled to report its fiscal fourth-quarter results after the market closes on Thursday.
- Cigna Corporation (CI): The company is scheduled to report its fiscal fourth-quarter results before the market opens on Friday.
- General Electric Company (GE): The company is scheduled to report its fiscal fourth-quarter results before the market opens on Friday.
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