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24x7Report > Blog > Finance > Stocks making the biggest moves after hours: DELL, LULU, MDB
Finance

Stocks making the biggest moves after hours: DELL, LULU, MDB

Last updated: 2023/08/31 at 11:22 PM
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Stocks making the biggest moves after hours: DELL, LULU, MDB
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Ralph Orlowski | Getty Pictures

Take a look at the businesses making headlines after hours.

MongoDB — Shares of the database software program maker gained 5% in prolonged buying and selling. MongoDB reported earnings of 93 cents per share, excluding objects, on income totaling $423.8 million within the second quarter. That got here in forward of the earnings per share of 46 cents and $393 million in income anticipated by analysts polled by Refinitiv. 

Dell Applied sciences — Dell popped 7.7% after reporting second-quarter earnings that surpassed Wall Road’s expectations. The expertise firm reported earnings per share of $1.74, excluding objects, and $22.93 billion in income, whereas analysts polled by Refinitiv anticipated earnings per share of $1.14 and $20.85 billion.

Broadcom — Shares of the semiconductor manufacturing firm fell 4% after the corporate posted comfortable fiscal fourth-quarter steering. The semiconductor firm referred to as for fourth-quarter income of $9.27 billion, whereas analysts polled by Refinitiv anticipated $9.275 billion.

VMware — The cloud providers inventory edged down 1.7%. VMware posted combined earnings, popping out at earnings of $1.83 per share, excluding objects, on income of $3.41 billion. In the meantime, analysts polled by Refinitiv anticipated $1.71 in earnings per share and $3.46 billion in income.

Lululemon Athletica — Shares of the athletic attire retailer gained almost 2% Thursday after it reported gross sales and income that beat Wall Road’s estimates. The corporate reported earnings per share of $2.68 and $2.21 billion in income for its fiscal second quarter, whereas analysts polled by Refinitiv anticipated $2.54 in earnings per share and $2.17 billion in income. Lululemon additionally stated it now expects gross sales of $9.51 billion to $9.57 billion for the fiscal yr.

See also  A recession in 2024 would burst the biggest stock bubble since the dot-com craze, sending the market down 40%, veteran strategist says

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