In this article, we will discuss some of the notable stocks on the move today. To take a look at some more stocks that are trending, go to 5 Market-Moving Stocks to Watch on Monday . US stocks have started the week on a positive note following upbeat May jobs report that reiterated the Federal Reserve’s stance of taking stricter monetary policy action. The S&P 500 and the Dow 30 Index are up 0.40% and 0.13%, while the tech-heavy NASDAQ Composite Index is 0.43% in the green as of 1:02 PM ET. Popular stocks such as Amazon.com, Inc. (NASDAQ: AMZN ), Twitter, Inc. (NASDAQ: TWTR ), and NVIDIA Corporation (NASDAQ: NVDA ) are amongst the stocks on the move today. Let’s look at why these stocks are trending today and discuss how hedge funds are positioned in them. 10. Lululemon Athletica Inc. (NASDAQ: LULU ) has risen 0.66% as of 1:00 PM ET after the Vancouver, Canada-based athleisure apparel brand was upgraded from an Underperform to a Market Perform rating by Aneesha Sherman at Bernstein. The analyst gave the stock a price target of $300. Sherman highlighted the 22% decline in stock price since the start of the year […]
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