Dow Rises Over 100 Points; Lululemon Posts Upbeat Q3 Earnings

Company Performance - Lululemon Athletica Inc. reported quarterly earnings of $2.59 per share, exceeding the analyst estimate of $2.27 by 14.15% [2] - The company's quarterly revenue reached $2.57 billion, surpassing the Street estimate of $2.48 billion and increasing from $2.4 billion in the same period last year [2] Stock Movements - cbdMD Inc. shares surged 101% to $1.26 after regaining full compliance with NYSE American listing standards [9] - Akanda Corp shares rose 42% to $1.12 following a report on potential reclassification of marijuana [9] - Zedge Inc. shares increased by 33% to $3.24 after reporting better-than-expected quarterly financial results [9] - Applied Therapeutics Inc. shares fell 48% to $0.11 after an acquisition announcement by Cycle Pharmaceuticals [9] - Fermi Inc. shares dropped 40% to $9.19 due to a termination notice from First Tenant [9] - Tenaya Therapeutics Inc. shares decreased by 29% to $0.97 after announcing a $60 million public offering [9]