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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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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