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Ulta Beauty, Lululemon, Gitlab and DocuSign rise premarket

Published 06/12/2024, 11:54 pm
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Investing.com -- US stock futures traded largely unchanged Friday, with investors showing caution ahead of the release of the widely-watched monthly official jobs data.

Here are some of the biggest premarket US stock movers today:

  • Ulta Beauty (NASDAQ:ULTA) stock soared 11% after the cosmetics retailer raised its annual profit forecast, signaling a revival in demand for perfumes and makeup during the holiday shopping season.

  • Lululemon Athletica (NASDAQ:LULU) stock rose 9.3% after the sportswear maker increased its full-year forecasts, betting on resilient demand for its athletic wear in the U.S. during the holiday shopping season and continued strength in its international business.

  • Gitlab (NASDAQ:GTLB) stock gained 11% after the software company reported fiscal third-quarter results and guidance that topped expectations and announced a new CEO.

  • DocuSign (NASDAQ:DOCU) stock soared 12% after the electronic signature company raised its 2025 revenue forecast, after a strong third-quarter earnings report.

  • Boeing (NYSE:BA) stock slipped 0.2% after a US judge on Thursday rejected the aircraft manufacturer's agreement to plead guilty to fraud in the wake of two fatal 737 MAX crashes, faulting a diversity and inclusion provision in the deal.

  • Robinhood (NASDAQ:HOOD) stock rose 2.2% after Goldman Sachs (NYSE:GS) assumed coverage of the financial services company with a ‘buy’ rating, citing “best-in-class” earnings growth.

  • Shopify (NYSE:SHOP) stock rose 1.8% after Loop Capital upgraded the e-commerce platform to ‘buy’ from ‘hold’, saying investors underestimate its AI capabilities.

  • Rubrik (NYSE:RBRK) stock soared 22% after the cloud data security company reported an adjusted third-quarter loss that was narrower than expected and raised its guidance.

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