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Estee Lauder and IMAX Higher; Ross Stores Boost Forecast | Stock Movers

On this episode of Stock Movers with Alexis Christoforous: - Estee Lauder (EL) share are climbing following collapse of a proposed combination with Puig Brands that would have created one of the world’s largest fragrance and skincare companies. - IMAX…

This article was originally published by Bloomberg Markets and is republished here under license.

On this episode of Stock Movers with Alexis Christoforous:

– Estee Lauder (EL) share are climbing following collapse of a proposed combination with Puig Brands that would have created one of the world’s largest fragrance and skincare companies.

– IMAX Corp. (IMAX) shares jumped after the Wall Street Journal reported the large-screen theater company is exploring a sale and has approached entertainment companies as potential buyers.

– Ross Stores (ROST) shares are up after the off-price retailer boosted its comparable sales forecast for the full year. The firm also posted better-than-expected sales for the first quarter. (Source: Bloomberg)

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