Zynga, Lululemon, Virgin Orbit, Tilray: What to Watch When the Stock Market Opens Today

Wall Street stock indexes opened lower ahead of inflation data and the first wave of major earnings reports later this week. Here’s what we’re watching in Monday’s trading:

  • It’s a happy day in FarmVille:

    Take-Two Interactive

    TTWO -1.45%

    is acquiring


    ZNGA -1.10%

    in a stock-and-cash deal. Zynga shares soared; Take-Two’s slipped.

  • GameStop

    GME -4.76%

    shares were down in morning trading, reversing course from Friday’s gains that came after a report that it was launching a new division focused on nonfungible tokens and cryptocurrency.

  • Lululemon

    LULU -2.17%

    Athletica said fourth-quarter sales and profit will come in at the low end of its guidance ranges amid staffing challenges presented by the Omicron variant.

  • Virgin Orbit

    VORB -9.10%

    shares gained in early trading, building on Friday’s 26% rise when the company made its Nasdaq debut.

Richard Branson’s Virgin Orbit, with a rocket underneath the wing of a modified Boeing 747 jetliner, before its takeoff on a key drop test of its high-altitude launch system for satellites, July 10, 2019.


mike blake/Reuters

  • Cannabis goods company


    TLRY -0.15%

    sales rose in its fiscal second quarter as its loss narrowed and it nearly swung to a profit.

  • Intel

    INTC 1.38%

    removed references to the Chinese region of Xinjiang from an open letter it sent suppliers last month, after the contents of the note sparked a social-media uproar in China and led it to apologize to the Chinese public.

  • JPMorgan Chase,

    JPM -6.15%


    C -1.25%


    Wells Fargo

    WFC 3.68%

    will kickoff earnings season when they report results at the end of the week.

  • R1 RCM RCM -4.24%

    said Monday it is buying Cloudmed, a software company for healthcare providers, from New Mountain Capital in an all-stock transaction.

  • Bring ACCD -3.67%



    LMNR -2.38%

    will report results after the close.

Chart of the Day
  • Government retirement funds are pumping record sums into private equity, defying concerns about risk and cost as they try to plug pension shortfalls.

Write to James Willhite at [email protected]

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