Lululemon is buying Mirror for $500 million
Lululemon announced plans to spend half a billion dollars buying at-home workout startup Mirror. Its shares were up 5.1% after the news broke because analysts think it is a good move. Their stock is up 34.5% year to date. Click here to read more.
Yesterday, the Dow rose 0.9% to wrap up its best quarterly performance in decades. It ended the second quarter with a 17.8% gain. It is the biggest quarterly rally since the first quarter of 1987 when it rose 21.6%. Click here to read more.
The electric vehicle maker turned 10 years old as a publicly-traded company. Tesla’s stock IPOed at a price of $17 and has since climbed to over $1,000. Just this year, shares have risen more than 130%. Click here to read more.
Here are the biggest premarket movers
That’s all from us.
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