Oxford Industries Posts Mixed Q2 Results, Joins Asana, Lululemon Athletica And Other Big Stocks Moving Lower In Friday’s Pre-Market Session

Benzinga Bulls and Bears: Palo Alto, Ciena, Lululemon

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.

Asana shares are trading lower after the company reported Q2 financial results and issued Q3 adjusted EPS guidance below estimates.

Shares of software companies are trading lower after August's hotter-than-expected payrolls report increased expectations that the Federal Reserve could raise interest rates at its next meeting. A stronger U.S. dollar and higher rate expectations are weighing on growth stocks by reducing investor appetite for higher-risk assets.

These Analysts Increase Their Forecasts On Asana Following Upbeat Q2 Results

Asana beats Q2 estimates and raises full-year revenue guidance, but offers soft Q3 EPS outlook; shares fall 14% as analysts lift price targets.

Solowin Holdings' AlloyX Hong Kong Announces Non-Binding MOU With EvolveQ To Explore AI, Quantum Computing, And High-Performance Computing Collaboration In Finance And Digital Assets; Terms Not Disclosed

SanDisk Jumps 10%, Lululemon Crashes 17%: Stock Market Today

A blowout August jobs report pushed traders to price a coin-flip chance of a Federal Reserve rate hike this month, dragging the S&P 500 and Dow lower by midday Friday.