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Okta, Nutanix, Five Below and more

by Euro Times
September 1, 2022
in Stock Market
Reading Time: 1 min read
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The within of one in all 5 Beneath’s current places.

5 Beneath

Try the businesses making headlines after hours.

Pure Storage — The tech inventory jumped 7% after the info storage developer surpassed revenue and income expectations. Pure Storage additionally issued robust third-quarter and full-year income steerage.

Okta — Shares dropped 10% regardless of the id administration firm posting a beat on the highest and backside strains in its second-quarter outcomes. Okta’s third-quarter and full-year income steerage was additionally consistent with expectations.

Nutanix — The cloud computing inventory surged 21% after Nutanix exceeded expectations in its quarterly outcomes and issued robust income steerage.

MongoDB — Shares declined 8% after the doc database firm forecasted a wider-than-expected loss in its third-quarter steerage. In any other case, MongoDB posted a revenue and income beat in its most up-to-date quarter.

5 Beneath — Shares rose 4.4% regardless of the low cost retailer lacking earnings and income expectations in its most up-to-date quarterly outcomes. 5 Beneath additionally issued weak steerage for the third quarter and the total yr.

Disney — The inventory superior 1.5% after a Wall Avenue Journal report, citing individuals accustomed to the matter, stated the Walt Disney Firm is exploring a membership program just like Amazon Prime. The perks would encourage prospects to spend extra on streaming, resorts and merchandise, the report stated.



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