Lululemon Athletica Inc. stock fell more than 10% in the extended session Thursday after the athleisure-wear maker reported mixed quarterly results and saw inventories soar. Lululemon LULU, +0.59% earned $735 Read more
Tag: Leisure/Travel Goods
FTC sues to block Microsoft’s $69 billion acquisition of game giant Activision Blizzard
The Federal Trade Commission on Thursday sued Microsoft Corp. to block its $69 billion deal to buy Activision Blizzard Inc. The acquisition, which would be Microsoft’s MSFT, +0.83% largest and Read more
Microsoft to bring ‘Call of Duty’ to Nintendo if Activision merger approved
Microsoft Corp. said late Tuesday it has made a “10-year commitment” to bring the massively popular “Call of Duty” videogame series to Nintendo Co. consoles, when — and if — Read more
Nike’s Phil Knight: Kyrie Irving ‘stepped over the line’ sharing antisemitic film
““Kyrie stepped over the line. It’s kind of that simple. He made some statements that we just can’t abide by and that’s why we ended the relationship. And I was Read more
Unity Software stock drops as revenue fall short of Wall Street expectations
Unity Software Inc. shares fell in the extended session Wednesday after the company produced on-par results but a little less revenue than Wall Street would have liked. Unity U, -9.51% Read more
Roblox stock sinks after earnings as losses swell
Roblox Corp. shares were tumbling in premarket activity Wednesday after the youth-centric virtual-world platform posted a wider loss than analysts were anticipating for the latest quarter. Roblox RBLX, -1.71% shares Read more
Nintendo shares slump after outlook cut for Switch console sales
Nintendo Co. 7974, -6.78% shares fell sharply Wednesday morning after the Japanese videogame company lowered its fiscal-year forecast for Switch console sales amid a shortage of chips. The shares were Read more
Affirm stock plunges toward record low after Peloton’s struggles weigh on forecast
Affirm Holdings Inc. shares plummeted Tuesday afternoon, after executives brought down their annual guidance for the buy-now-pay-later company amid troubles at one of its most important partners in recent years, Read more
Take-Two stock sinks as analysts walk off mobile weakness, focus on pipeline
Take-Two Interactive Software Inc. shares fell double-digits Tuesday after Wall Street absorbed a hefty outlook cut owing to the videogame publisher’s overestimate of the mobile market in the latter half of Read more
EU to deeper investigate Microsoft’s $75 billion deal for Activision Blizzard
The European Union’s competition watchdog said it would pursue an in-depth investigation into Microsoft Corp. MSFT, +0.28%’s planned $75 billion acquisition of Activision Blizzard Inc. ATVI, +1.49%, adding to the global scrutiny of whether the Read more