Apparel retailer American Eagle Outfitters issued bullish holiday guidance and raised its full-year forecast after posting better-than-expected quarterly results. The shares surged 11.6%.
Marvell Technology stock jumped 10% after the chipmaker reported earnings and sales that exceeded Wall Street's targets for its fiscal third quarter. Marvell also announced a deal to acquire chip startup Celestial AI.
Asana shares jumped 5.3% after the work management platform provider reported third-quarter fiscal 2026 results that exceeded analyst expectations and raised its full-year outlook, driven by strong execution and momentum in its AI offerings.
Chipmaker Microchip Technology raised its expectations for third-quarter net sales and earnings per share, driven by strong bookings, sending its shares up 2.1%.
Cybersecurity provider CrowdStrike raised its fiscal 2026 guidance, signaling resilient demand for the company’s expanding portfolio of artificial intelligence-enabled cybersecurity products. But the shares dropped 2%.
Identity management provider Okta topped Wall Street’s third-quarter estimates and issued an upbeat outlook, but shares fell 3.5% as the company did not provide guidance for fiscal 2027.
GitLab shares sank 8%. GitLab swung to a loss in its latest quarter despite posting double-digit sales gains. The company, which provides software-development tools, also named Jessica Ross its next chief financial officer.
Flash storage pioneer Pure Storage raised its full-year guidance, but its stock tumbled 11.3% after it failed to beat the market’s expectations in its latest quarterly earnings results.
Acadia Healthcare stock plunged 22.1% after the behavioral healthcare provider significantly increased its professional and general liability reserves and cut its 2025 financial outlook.
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