Julie Morgan

Amid criticism over product execution, market share losses to rivals like Alo Yoga and a 60% drop in share price from its peak.

Lululemon's market value stands around $25 billion.

Pre-market Lulu is up more than 5%.

Micron technology is up 10 percent in pre-market action.

Shares rose after the memory maker reported fiscal first quarter results and guidance that were well above Wall Street's forecast.

Looking ahead to the second quarter, Micron said it expects to earn between $8.22 and $8.62 per share on an adjusted basis, while revenue is expected to be between $18.3 and $19.1 billion.

Analysts had expected the company to earn an adjusted $4.78 per share on $14.3 billion in revenue.

The company also forecast a $100 billion HBM market by 2028, as supply tightness persists through 2026.

The founder of Standard General has been in talks over potentially buying or investing in Warner Bros.

Discovery's television networks.

The Financial Times reported citing people briefed on the matter that Sue Kim has been approached by at least one major Warner Bros.

Discovery shareholder to acquire all or part of the cable TV assets, including CNN.

The report noted that the shareholder who approached the hedge fund founder could not be immediately identified.

Warner Bros.

has received competing offers from Netflix and Paramount Skydance.

Warner Bros.

board told its shareholders to reject the hostile bid from Paramount and maintain that Netflix's offer is superior.

Netflix's bid is for Warner Bros.

studio and streaming business, while Paramount wants to buy all of WBD, including CNN.

Now for a look at a few other articles that are trending on Seeking Alpha.