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Home»Finance»Stocks making the biggest moves after hours: LULU, MDB, FIVE
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Stocks making the biggest moves after hours: LULU, MDB, FIVE

June 1, 2023No Comments2 Mins Read
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Stocks making the biggest moves after hours: LULU, MDB, FIVE
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A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022.

Mike Blake | Reuters

Check out the companies making headlines after the bell.

Lululemon — Lululemon’s stock popped 12% after the athletics apparel retailer posted better-than-expected fiscal first-quarter earnings and lifted its full-year guidance. The company also reported 24% sales growth from the year-ago period.

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MongoDB — Shares of MongoDB jumped 19%. The data developer platform posted blowout guidance. MongoDB anticipates revenue in the second quarter will range between $388 million and $392 million, compared to analysts’ forecasts of $362 million, per Refinitiv. MongoDB beat on top and bottom lines in its latest quarterly report.

Five Below — Shares of the discount store chain jumped 6% in extended trading. Five Below posted earnings of 67 cents per share, while analysts polled by Refinitiv estimated earnings of 63 cents a share. However, Five Below posted revenue of $726 million, compared with Wall Street’s forecast of $728 million. Second-quarter guidance was also short of analysts’ expectations.

Broadcom — The chip stock fell nearly 1% in extended trading. Broadcom reported a beat on the top and bottom lines for its second quarter and fiscal third-quarter revenue guidance that came in slightly ahead of Wall Street’s expectations. The stock had risen 41% going into the report.

PagerDuty — Shares of the digital operations management company slumped more than 11% after the bell. PagerDuty reported adjusted earnings per share that beat Wall Street’s estimates, but issued weaker-than-expected revenue guidance.

See also  Hasbro, Adobe, GoodRx, SBA Communications and more

Asana — Shares of the work management platform operator gained 2% postmarket. Asana reported a smaller-than-expected loss and revenue that beat analyst expectations in the first quarter, according to FactSet.

Samsara — Samsara’s stock popped 13% in extended trading after the Internet of Things company reported a smaller-than-expected first-quarter loss, according to FactSet. Revenue also came in ahead of Wall Street’s estimates, while full-year sales guidance expanded.

ChargePoint — ChargePoint shares slumped more than 4% in extended trading. The electric vehicle charging stock beat Wall Street’s earnings expectations but shared light guidance for the current quarter that was below consensus estimates.

SentinelOne — SentinelOne shares cratered 34% after the bell as the cybersecurity company cut its revenue guidance and fell short of Wall Street’s revenue expectations in the most recent period.

— CNBC’s Darla Mercado contributed reporting.

Biggest hours LULU Making MDB Moves Stocks
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