Stock Movers: Home Depot Rises, Viking Holdings Tumbles, AMER Sports Climbs

Home Depot's Economic Indicator Status

• 📈 Home Depot shares are up approximately 2%, treated as a bellwether for the economy by traders.
• 💰 The company maintained its fiscal year guidance, a positive sign amidst economic uncertainty and trade war concerns.
• 🌍 Home Depot is focusing on diversifying its supply chain, with over 50% of products sourced in the US and a goal for no single country to exceed 10% of sourcing within 12 months.

Viking Holdings' Booking Forecast Concerns

• 🚢 Viking Holdings (VIK) shares experienced a significant drop, down about 6% after being down as much as 9% at the open.
• 📉 Analysts expressed disappointment with the company's 2026 bookings forecast, which showed a deceleration compared to 2025.
• 📊 While first-quarter revenue and adjusted EBITDA beat expectations, the 2026 booking capacity was 37% filled, down from a 39% forecast for 2025.

AMER Sports' Profit Forecast Boost

• 👟 AMER Sports, known for Wilson tennis rackets and Salomon ski boots, saw its stock climb as much as 11% at the open.
• 🚀 The company boosted its adjusted profit forecast for the full year, signaling positive performance.
• ✅ First-quarter results also topped expectations, and the company anticipates a negligible impact from higher tariffs, assuming they remain at 30% on imports from China.