HGEN - Hot Stocks: LULU earnings; Gun stocks rise; CURV reverses course again; SAM keeps falling; HGEN misses on COVID drug
The bulls missed the mark on Thursday, with the major averages finishing the session comfortably in negative territory. Still, one niche sector hit a bullseye amid the general losses -- gun and ammunition manufacturers. The sector gained ground after the Biden administration backed down on a controversial nominee to a key law-enforcement position. American Outdoor Brands (NASDAQ:AOUT), AMMO (NASDAQ:POWW) and Smith & Wesson (NASDAQ:SWBI) all finished higher on the news. Torrid Holdings (NYSE:CURV) also bucked the market's overall negative trend, recording one of the day's biggest percentage gains. A blockbuster earnings report allowed the company to halt a recent skid and recoup some of the losses it posted over the past couple weeks. The list of standout gainers also included Lululemon (NASDAQ:LULU). The athletic apparel maker rallied to a new high on a strong quarterly report. On the other side of the spectrum, Humanigen (NASDAQ:HGEN) represented one of the day's biggest
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Hot Stocks: LULU earnings; Gun stocks rise; CURV reverses course again; SAM keeps falling; HGEN misses on COVID drug