Lululemon jumps on replacing Activision on S&P 500 index

Activision Blizzard

13/10/2023 22:37

** Shares of sportswear apparel maker Lululemon Athletica
 LULU.O  jump 5.2% to $397.2 after the bell
    ** S&P Dow Jones Indices says LULU will replace Activision
Blizzard  ATVI.O  in the S&P 500
    ** Xbox maker Microsoft  MSFT.O  closed its $69 billion deal
for ATVI on Friday, swelling its heft in the video-gaming market
with best-selling titles including "Call of Duty"
    ** Shares of both ATVI and MSFT were marginally higher in
after market trade
    ** Through last close, LULU shares had gained ~18% and ATVI
stock up ~23% YTD
    

 (Reporting by Samrhitha Arunasalam)
 ((Samrhitha.A@thomsonreuters.com))