Keurig Dr Pepper Gains; Lululemon Rises on Deal; Huntington Doubles Down on M&A
On this episode of Stock Movers:- Keurig Dr Pepper (KDP) shares soared ahead of the New York open after the company announced it now expects fiscal 2025 constant currency net sales growth in a high-single-digit range, revised from a mid-single-digit growth outlook previously. KDP also announced it is raising $7 billion from Apollo and KKR to help finance its acquisition of JDE Peet’s NV, aiming to ease investor concerns about taking on too much debt.- Lululemon Athletica (LULU) has entered an arrangement with the National Football League and sports merchandiser Fanatics Inc. to develop…
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