Biggest stock movers Friday: TSLA, DOCU, and more

Stock futures edged higher Friday morning as investors looked ahead to the key U.S. jobs report, which could offer fresh insight into the health of the economy. Sentiment was also stirred by an escalating public feud between President Donald Trump and Tesla (NASDAQ:TSLA) CEO Elon Musk.

Here are some of Friday’s biggest stock movers:

Biggest stock gainers

• Tesla (NASDAQ:TSLA) +6% – Shares looked to rebound after Thursday’s 14% plunge, which wiped $152B off its market cap, its largest single-day loss, dragging it below the $1T mark to $916B. The selloff followed a public feud between CEO Elon Musk and President Trump, who threatened to revoke federal contracts over disagreements tied to the spending bill.

Biggest stock losers

• DocuSign (NASDAQ:DOCU) -17% – Shares tumbled after the electronic signature company lowered its full-year billings guidance, overshadowing stronger-than-expected Q1 results. For Q2, DocuSign expects revenue between $777M and $781M (vs. $774.47M estimate), with subscription revenue between $760M and $764M and billings in the range of $757M to $767M. For FY2026, billings are now projected at $3.285B to $3.339B, slightly below the prior forecast of $3.3B to $3.354B. However, full-year revenue guidance was raised to $3.151B to $3.163B (vs. a $3.13B estimate). The board also expanded the share buyback program by $1B, raising the total to $1.4B.
• lululemon athletica (NASDAQ:LULU) -22% – Shares plunged after the retailer posted weaker-than-expected comparable sales and trimmed its FY2025 profit outlook, excluding any tariff-related impacts despite heavy import exposure to Southeast Asia and China. For Q2, revenue is expected to be between $2.535B and $2.56B (7–8% Y/Y growth), just shy of the $2.57B consensus, with EPS projected at $2.85 to $2.90, much below the $3.34 consensus. FY2025 revenue guidance remains at $11.15B–$11.30B (5–7% growth) in line with the $11.24B consensus, while EPS is now forecast at $14.58–$14.78, down from $14.95–$15.15 prior and below the $15.03 estimate.
• Broadcom (NASDAQ:AVGO) -4% – Shares slipped despite delivering better-than-expected FQ2 results and upbeat guidance. Revenue rose 20% Y/Y to $15B, with semiconductor solutions at $8.41B and infrastructure software at $6.60B. For Q3, Broadcom guided revenue to ~$15.8B (vs. $15.75B est.), with adjusted EBITDA at ~66% of sales. CEO Hock Tan highlighted continued AI strength, forecasting AI chip revenue of $5.1B in Q3, marking 10 straight quarters of growth.