
UnitedHealth Surges, Lululemon Rises, Joby Aviation Gains After Successful Flight
On this episode of Stock Movers:- UnitedHealth (UNH) shares surge after funds piled into the company, which has been hampered by a federal probe into its business practices and weakening results.The investments were a welcome reprieve for a company that had seen its stock fall 46% this year.- Lululemon (LULU) shares rise after Scion Asset Management took a new equity position in the athletic-wear maker and cut its position in Estee Lauder Cos., according to a Bloomberg analysis of the hedge fund manager’s 13F filing.- Joby Aviation (JOBY) shares gain after the air taxi company announced…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.