Market Insider

In this article

The inside of one of Five Below’s existing locations.
Five Below

Check out the companies making headlines after hours.

Pure Storage — The tech stock jumped 7% after the data storage developer surpassed profit and revenue expectations. Pure Storage also issued strong third-quarter and full-year revenue guidance.

Okta — Shares dropped 10% despite the identity management company posting a beat on the top and bottom lines in its second-quarter results. Okta’s third-quarter and full-year revenue guidance was also in line with expectations.

Nutanix — The cloud computing stock surged 21% after Nutanix exceeded expectations in its quarterly results and issued strong revenue guidance.

MongoDB — Shares declined 8% after the document database company forecasted a wider-than-expected loss in its third-quarter guidance. Otherwise, MongoDB posted a profit and revenue beat in its most recent quarter.

Five Below — Shares rose 4.4% despite the discount retailer missing earnings and revenue expectations in its most recent quarterly results. Five Below also issued weak guidance for the third quarter and the full year.

Disney — The stock advanced 1.5% after a Wall Street Journal report, citing people familiar with the matter, said the Walt Disney Company is exploring a membership program similar to Amazon Prime. The perks would encourage customers to spend more on streaming, resorts and merchandise, the report said.

Articles You May Like

The Hottest Tech Stock Right Now? 3 Top Picks for Your May Buy List
Why Being Bullish on AMD Stock’s AI Growth Potential Makes Perfect Sense
QCOM Forecast: Why Qualcomm Stock Is Giving Off Strong Buy Vibes for 2024
Rejected by Robots: AI Thinks You Should Sell These 7 Meme Stocks Now
Retire in Style: 3 Stocks to Buy Now for a Plush Future