Stocks to Watch: Boxed, Guess?, Luna Innovations, Smartsheet

Dow Jones2023-03-15

By Sabela Ojea

Boxed Inc. said Tuesday that it is considering selling the whole company or filing for bankruptcy. Shares of the wholesale retailer plunged 44% to 24 cents in after-hours trading.

Guess? Inc. warned of an unexpected loss in the first quarter. Shares of the clothing brand and retailer dropped 6.5% to $19.88 in after-hours trading.

Luna Innovations Inc. provided a revenue outlook for the current quarter and 2023 revenue below analysts expectations. Shares of the advanced optical technology company fell 12% to $8.40 in after-hours trading.

Smartsheet Inc. said it expects to continue achieving growth in the first quarter following a strong set of results for the fourth quarter of 2022. Shares of the developer of the Smartsheet app climbed 12% to $43.10 in after-hours trading.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

March 14, 2023 19:31 ET (23:31 GMT)

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