Stocks to Watch: RH, Lululemon, Tyson, Twitter, Walmart, and More
13 June 2019 - 11:27PM
Dow Jones News
By Francesca Fontana and Jessica Menton
Here are some of the companies with shares expected to trade
actively in Thursday's session. Stock movements noted by ticker
reflect movements during regular trading hours; premarket trading
is specified separately.
RH -- Up 23% premarket: The luxury home-furnishing retailer
formerly known as Restoration Hardware delivered
better-than-expected full-year guidance and said it was avoiding
issues related to the U.S.-China trade dispute.
Lululemon Athletica Inc. -- Up 5.3% premarket: The apparel
retailer topped analysts' first-quarter profit and revenue
expectations.
Oxford Industries Inc. -- Up 11% premarket: Oxford Industries
said its first-quarter profit rose as the apparel company beat
analysts' earnings and sales expectations.
Tyson Foods Inc. -- Up 2.1% premarket: Tyson Foods plans to
introduce nuggets made from peas, flaxseed and other plants this
summer that will enable the company to compete within the
fast-growing meat replacement market.
Twitter Inc. -- Down 1% premarket: MoffettNathanson argued that
Twitter isn't spending enough to deal with the safety and security
issues that are plaguing tech giants, reiterating its sell rating
on the stock.
Walmart Inc. -- Up 0.1% premarket: The retail giant is absorbing
what remains of Jet.com staff into the rest of its operations,
winding down the startup it bought for $3.3 billion three years ago
while continuing to run the jet.com website.
Welltower Inc. -- Down 1.2% premarket: Raymond James downgraded
Welltower to market perform from outperform.
Concho Resources Inc. -- Up 2.6% premarket: Energy companies are
among the top gainers of the S&P 500 premarket as crude oil
prices climbed sharply after an attack on two oil tankers in the
Gulf of Oman, close to the Strait of Hormuz, where over a third of
the world's shipped oil passes through.
This is an expanded version of the "Stocks to Watch" section of
our Markets newsletter. To receive it every morning via email,
click here.
Write to Francesca Fontana at francesca.fontana@wsj.com and
Jessica Menton at Jessica.Menton@wsj.com
(END) Dow Jones Newswires
June 13, 2019 09:12 ET (13:12 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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