Lululemon is today's most-watched stock across every data type. Analyst downgrades from Morgan Stanley and BofA hit this week. Target cuts range from $83 to $122. Short interest sits at 9.9% of free float. Options flow is heavily bearish. The stock is down 41.4% year-to-date. Bears are building from multiple angles.
Wix.com saw short interest jump 6.2 percentage points in a week — to 17.8% of free float. That is one of the sharpest weekly surges in mid-cap US names right now. Chewy remains a heavy short at 52.3% of free float. Availability is 544%, so borrowing is easy. Shorts can keep pressing.
Bill Gates bought $241 million worth of Republic Services shares between August 28 and September 2. The cluster of open-market buys signals fresh confidence in the waste management sector. On the other side, Tutor Perini executive chairman Ronald Tutor filed the sale of $198 million in stock. An board member also sold $98 million in shares this week.
GameStop carries a short score of 80.8 and 25.1 days to cover. Availability is just 76% — tight by any measure. Options traders are split between put writers and call buyers. A squeeze setup is building ahead of an upcoming earnings print.
Thursday is the key date this week. Oracle and Adobe both report after the close on September 10. Oracle carries a $444 billion market cap. Adobe is one of the most watched AI-integration plays in software. RH also reports Thursday, with results closely tied to US housing sentiment.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
