Rivian, DocuSign, Oracle, Buckle and Ulta Beauty: What to Watch in the Stock Market Today

Benzinga2022-03-11

Some of the stocks that may grab investor focus today are:

  • Wall Street expects The Buckle, Inc. (NYSE:BKE) to report quarterly earnings at $1.44 per share on revenue of $366.30 million after the closing bell. Buckle shares gained 2.9% to $36.75 in after-hours trading.
  • Oracle Corporation (NYSE:ORCL) reported in-line earnings for its third quarter, while sales missed estimates. The company declared a quarterly cash dividend of $0.32 per share. Oracle shares fell 0.2% to $76.50 in the after-hours trading session.
  • Electric-truck start-up Rivian Automotive (NASDAQ:RIVN) reported fourth-quarter results Thursday afternoon. Sales and the bottom line missed Street expectations. Rivian shares tumbled 12.7% to $35.93 in the after-hours trading session.
  • Ulta Beauty (NYSE:ULTA) reported better-than-expected results for its fourth quarter and also issued strong FY22 guidance. The company approved a new share repurchase authorization of $2 billion on March 7, which replaces the prior authorization implemented in March 2020. Ulta Beauty shares gained 1.3% to $384.25 in the after-hours trading session.
  • DocuSign, Inc. (NASDAQ:DOCU) reported upbeat results for its fourth quarter and issued weak sales forecast. The company also announced a $200 million buyback program. DocuSign shares dipped 17.2% to $77.77 in the after-hours trading session.
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