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Company News For Jun 4, 2018

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  • Madrigal Pharmaceuticals, Inc.’s (MDGL - Free Report) shares jumped 3.3% after the company reported encouraging Phase 2 clinical trial update
  • Lululemon Athletica Inc. (LULU - Free Report) ’s shares increased 16.3% after reporting first-quarter fiscal 2018 earnings of $0.55 per share, surpassing the Zacks Consensus Estimate of $0.46 per share
  • Shares of Ulta Beauty, Inc. (ULTA - Free Report) declined 0.7% after the company projected 6-7% increase in comps sales in Q2, lower than a rise of 11.7% in the prior-year quarter
  • Shares of General Motors Company (GM - Free Report) rose 1.7% after the company’s autonomous vehicle division managed to secure $2.25 billion from Japan’s SoftBank Vision Fund that will be coupled with an additional $1.1 billion investment by the company itself