Lululemon Founder's Board Challenge Weighs on Shares
Markets Daniel Marsh

Lululemon Founder's Board Challenge Weighs on Shares

Lululemon shares fell in premarket trading following a new proxy filing from founder Chip Wilson, who is seeking board changes. The stock has declined significantly this year.

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JetBlue Shares Dip Amid Oil Price Surge, Barclays Adjusts Stance
Markets Daniel Marsh

JetBlue Shares Dip Amid Oil Price Surge, Barclays Adjusts Stance

JetBlue Airways shares declined in premarket activity following a spike in crude oil prices, with Barclays upgrading the stock while highlighting persistent industry challenges.

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Maryland School District Retreats from Electric Bus Plan, Seeks 140 Diesel Units
Regulation James Calloway

Maryland School District Retreats from Electric Bus Plan, Seeks 140 Diesel Units

Montgomery County Public Schools is requesting bids for 140 diesel school buses, citing persistent charging and maintenance problems with its electric fleet. The district continues to operate 285 electric buses under a 2021 contract currently under legal appeal.

Battalion Oil Holds Gains After 114% Surge as Strait of Hormuz Tensions Fuel Oil Rally
Commodities Rebecca Torres

Battalion Oil Holds Gains After 114% Surge as Strait of Hormuz Tensions Fuel Oil Rally

Battalion Oil shares steadied in premarket trading after a massive 114% rally, mirroring a sharp rise in oil prices driven by escalating Middle East tensions and shipping disruptions near the Strait of Hormuz.

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Rocket Companies Stock Extends Slide Amid Mortgage Rate Volatility
Markets Daniel Marsh

Rocket Companies Stock Extends Slide Amid Mortgage Rate Volatility

Rocket Companies stock declined for a second consecutive session in premarket trading Tuesday, following a steep drop Monday. The mortgage giant's shares are now down approximately 31% from their 52-week high.

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Credo Stock Plunges on Margin Guidance, CoMira Acquisition
Earnings James Calloway

Credo Stock Plunges on Margin Guidance, CoMira Acquisition

Credo Technology shares tumbled 13% in premarket trading Tuesday after the company projected a sequential decline in gross margins for the current quarter. The company reported robust fiscal Q3 results and announced the acquisition of semiconductor IP specialist CoMira Solutions.

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Berkshire Shares Stabilize After Sharp Drop on Earnings, PacifiCorp Risk
Earnings James Calloway

Berkshire Shares Stabilize After Sharp Drop on Earnings, PacifiCorp Risk

Berkshire Hathaway's stock found footing in early trading Tuesday after a significant selloff, as investors digest a 30% drop in operating profit and rising legal liabilities at utility subsidiary PacifiCorp.

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Berkshire Shares Stabilize After Sharp Drop on Earnings, PacifiCorp Risk
Earnings James Calloway

Berkshire Shares Stabilize After Sharp Drop on Earnings, PacifiCorp Risk

Berkshire Hathaway's stock found footing in early trading Tuesday, following a steep decline after quarterly operating profit fell 30% and S&P Global flagged a potential junk downgrade for utility subsidiary PacifiCorp.

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Compass Group Shares Dip Ahead of April Currency Switch to US Dollars
Markets Daniel Marsh

Compass Group Shares Dip Ahead of April Currency Switch to US Dollars

Compass Group shares declined nearly 1% in London, extending a weak trend since February. The contract caterer will transition its London-listed share trading currency from sterling to US dollars on April 1.

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Compass Group Shares Dip Ahead of April Dollar Conversion
Markets Daniel Marsh

Compass Group Shares Dip Ahead of April Dollar Conversion

Compass Group shares declined nearly 1% in early London trading, continuing a weak trend since February. The company will transition its London-listed shares from sterling to dollars on April 1.

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MongoDB Shares Tumble on Weak Guidance Despite Q4 Beat
Earnings James Calloway

MongoDB Shares Tumble on Weak Guidance Despite Q4 Beat

MongoDB shares plummeted more than 27% in premarket action Tuesday as the company's first-quarter outlook fell short of Wall Street expectations, despite posting a beat for its fiscal fourth quarter.

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MongoDB Shares Plunge on Weak Guidance Despite Q4 Beat
Earnings James Calloway

MongoDB Shares Plunge on Weak Guidance Despite Q4 Beat

MongoDB shares plummeted more than 27% in premarket action Tuesday as the company's first-quarter outlook fell short of expectations, overshadowing a fourth-quarter earnings beat. The database software firm also announced the impending departure of its president of field operations.

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